Kovitz Investment Group Partners LLC Invests $2.26 Million in iShares Dow Jones U.S. ETF (NYSEARCA:IYY)

Kovitz Investment Group Partners LLC acquired a new position in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 16,193 shares of the company’s stock, valued at approximately $2,260,000.

Several other large investors have also added to or reduced their stakes in the stock. Flow Traders U.S. LLC purchased a new stake in shares of iShares Dow Jones U.S. ETF in the third quarter worth about $3,357,000. LPL Financial LLC lifted its stake in iShares Dow Jones U.S. ETF by 3.9% in the 2nd quarter. LPL Financial LLC now owns 328,481 shares of the company’s stock worth $43,461,000 after purchasing an additional 12,304 shares in the last quarter. New Wave Wealth Advisors LLC bought a new position in iShares Dow Jones U.S. ETF in the 2nd quarter valued at $1,204,000. Heritage Oak Wealth Advisors LLC purchased a new position in shares of iShares Dow Jones U.S. ETF during the 3rd quarter valued at $1,270,000. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of iShares Dow Jones U.S. ETF by 21.8% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 48,555 shares of the company’s stock worth $6,424,000 after purchasing an additional 8,682 shares during the period.

iShares Dow Jones U.S. ETF Stock Performance

Shares of IYY stock opened at $148.10 on Tuesday. The company has a market capitalization of $2.21 billion, a PE ratio of 25.62 and a beta of 1.02. iShares Dow Jones U.S. ETF has a 52-week low of $112.37 and a 52-week high of $149.28. The business’s fifty day moving average is $143.29 and its 200 day moving average is $136.90.

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.