LPL Financial LLC Sells 34,054 Shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY)

LPL Financial LLC lessened its position in iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 10.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 301,675 shares of the company’s stock after selling 34,054 shares during the quarter. LPL Financial LLC owned 2.02% of iShares Dow Jones U.S. ETF worth $43,167,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in IYY. Sharp Financial Services LLC increased its stake in iShares Dow Jones U.S. ETF by 3.7% in the fourth quarter. Sharp Financial Services LLC now owns 137,610 shares of the company’s stock worth $19,691,000 after purchasing an additional 4,862 shares during the period. Commonwealth Equity Services LLC increased its stake in iShares Dow Jones U.S. ETF by 1.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 118,903 shares of the company’s stock worth $17,014,000 after buying an additional 2,020 shares during the period. Siligmueller & Norvid Wealth Advisors LLC bought a new stake in iShares Dow Jones U.S. ETF during the 4th quarter valued at about $12,971,000. Raymond James Financial Inc. purchased a new stake in iShares Dow Jones U.S. ETF in the 4th quarter valued at about $10,979,000. Finally, HighTower Advisors LLC grew its stake in iShares Dow Jones U.S. ETF by 2.4% in the 3rd quarter. HighTower Advisors LLC now owns 38,827 shares of the company’s stock worth $5,421,000 after acquiring an additional 920 shares in the last quarter.

iShares Dow Jones U.S. ETF Stock Performance

Shares of NYSEARCA:IYY opened at $135.40 on Friday. The firm has a market cap of $2.18 billion, a PE ratio of 24.93 and a beta of 1.04. The firm’s 50 day simple moving average is $143.70 and its 200-day simple moving average is $143.19. iShares Dow Jones U.S. ETF has a one year low of $120.56 and a one year high of $149.87.

iShares Dow Jones U.S. ETF 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.