iShares Dow Jones U.S. ETF (NYSEARCA:IYY) Position Reduced by Sovereign Financial Group Inc.

Sovereign Financial Group Inc. reduced its position in iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 2.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,974 shares of the company’s stock after selling 104 shares during the period. Sovereign Financial Group Inc.’s holdings in iShares Dow Jones U.S. ETF were worth $569,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Envestnet Asset Management Inc. grew its position in iShares Dow Jones U.S. ETF by 7.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 42,924 shares of the company’s stock worth $5,679,000 after purchasing an additional 3,053 shares in the last quarter. J.W. Cole Advisors Inc. boosted its position in shares of iShares Dow Jones U.S. ETF by 15.8% in the second quarter. J.W. Cole Advisors Inc. now owns 5,334 shares of the company’s stock worth $706,000 after buying an additional 729 shares during the period. Susquehanna International Group LLP grew its holdings in shares of iShares Dow Jones U.S. ETF by 12.7% during the second quarter. Susquehanna International Group LLP now owns 27,812 shares of the company’s stock valued at $3,680,000 after buying an additional 3,138 shares in the last quarter. Cetera Investment Advisers raised its position in iShares Dow Jones U.S. ETF by 17.7% during the second quarter. Cetera Investment Advisers now owns 52,600 shares of the company’s stock valued at $6,960,000 after buying an additional 7,919 shares during the period. Finally, New Century Financial Group LLC acquired a new position in iShares Dow Jones U.S. ETF during the second quarter valued at $429,000.

iShares Dow Jones U.S. ETF Trading Up 0.2 %

Shares of NYSEARCA IYY opened at $142.37 on Wednesday. iShares Dow Jones U.S. ETF has a one year low of $114.89 and a one year high of $149.28. The business has a 50-day moving average price of $145.64 and a two-hundred day moving average price of $139.53. The firm has a market capitalization of $2.12 billion, a PE ratio of 25.62 and a beta of 1.02.

iShares Dow Jones U.S. ETF Company Profile

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.