iShares Dow Jones U.S. ETF $IYY Position Lifted by Sharp Wealth Advisory LLC

Sharp Wealth Advisory LLC raised its holdings in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 5.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 174,850 shares of the company’s stock after acquiring an additional 8,741 shares during the quarter. iShares Dow Jones U.S. ETF accounts for about 14.6% of Sharp Wealth Advisory LLC’s investment portfolio, making the stock its largest holding. Sharp Wealth Advisory LLC’s holdings in iShares Dow Jones U.S. ETF were worth $28,992,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Sharp Financial Services LLC acquired a new stake in shares of iShares Dow Jones U.S. ETF in the third quarter worth $26,989,000. Bank of America Corp DE lifted its holdings in shares of iShares Dow Jones U.S. ETF by 2.1% during the 3rd quarter. Bank of America Corp DE now owns 111,877 shares of the company’s stock valued at $18,177,000 after acquiring an additional 2,267 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of iShares Dow Jones U.S. ETF by 15.9% during the 2nd quarter. Raymond James Financial Inc. now owns 100,896 shares of the company’s stock valued at $15,223,000 after acquiring an additional 13,845 shares in the last quarter. Ameriprise Financial Inc. boosted its position in iShares Dow Jones U.S. ETF by 159.3% during 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 boosted its position in iShares Dow Jones U.S. ETF by 1.9% during 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 Trading Up 0.1%

Shares of NYSEARCA IYY opened at $159.81 on Friday. The stock has a fifty day moving average price of $164.55 and a 200 day moving average price of $164.69. iShares Dow Jones U.S. ETF has a 12-month low of $116.99 and a 12-month high of $169.71. The company has a market cap of $2.64 billion, a P/E 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.