Murphy Middleton Hinkle & Parker Inc. Acquires 7,743 Shares of iShares Dow Jones U.S. ETF $IYY

Murphy Middleton Hinkle & Parker Inc. raised its holdings in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 258.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,743 shares of the company’s stock after buying an additional 7,743 shares during the period. Murphy Middleton Hinkle & Parker Inc. owned about 0.07% of iShares Dow Jones U.S. ETF worth $1,781,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Sharp Financial Services LLC purchased a new position in shares of iShares Dow Jones U.S. ETF during the 3rd quarter worth $26,989,000. Bank of America Corp DE increased its stake in shares of iShares Dow Jones U.S. ETF by 2.1% in the 3rd quarter. Bank of America Corp DE now owns 111,877 shares of the company’s stock worth $18,177,000 after purchasing an additional 2,267 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of iShares Dow Jones U.S. ETF by 15.9% in the 2nd quarter. Raymond James Financial Inc. now owns 100,896 shares of the company’s stock worth $15,223,000 after purchasing an additional 13,845 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in iShares Dow Jones U.S. ETF by 159.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 70,208 shares of the company’s stock worth $10,592,000 after purchasing an additional 43,127 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in iShares Dow Jones U.S. ETF by 1.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 53,969 shares of the company’s stock worth $8,804,000 after purchasing an additional 1,010 shares during the period.

iShares Dow Jones U.S. ETF Stock Performance

NYSEARCA IYY opened at $159.60 on Tuesday. The business’s fifty day moving average is $166.16 and its 200 day moving average is $164.85. iShares Dow Jones U.S. ETF has a fifty-two week low of $116.99 and a fifty-two week high of $169.71. The company has a market capitalization of $2.63 billion, a PE ratio of 25.52 and a beta of 1.02.

About iShares Dow Jones U.S. ETF

iShares Dow Jones US ETF, formerly iShares Dow Jones U.S. Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Index (the Index). The Index measures the performance of the broad United States equity market, and is consisted of all of the companies in the Dow Jones Large-Cap Index, Dow Jones Mid-Cap Index and Dow Jones Small-Cap Index. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.