iShares Dow Jones U.S. ETF (NYSEARCA:IYY) Sees Strong Trading Volume

iShares Dow Jones U.S. ETF (NYSEARCA:IYY) saw unusually-high trading volume on Tuesday . Approximately 62,029 shares changed hands during mid-day trading, an increase of 92% from the previous session’s volume of 32,231 shares.The stock last traded at $138.12 and had previously closed at $139.59.

iShares Dow Jones U.S. ETF Price Performance

The firm has a fifty day moving average of $134.43 and a two-hundred day moving average of $130.81. The stock has a market capitalization of $2.07 billion, a P/E ratio of 25.62 and a beta of 1.02.

Institutional Trading of iShares Dow Jones U.S. ETF

A number of hedge funds have recently bought and sold shares of IYY. Wells Fargo & Company MN lifted its position in iShares Dow Jones U.S. ETF by 2.2% during the fourth quarter. Wells Fargo & Company MN now owns 105,776 shares of the company’s stock valued at $12,326,000 after acquiring an additional 2,308 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in iShares Dow Jones U.S. ETF by 7.1% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 16,754 shares of the company’s stock valued at $1,952,000 after purchasing an additional 1,107 shares in the last quarter. Advisory Services Network LLC purchased a new position in shares of iShares Dow Jones U.S. ETF during the 4th quarter valued at about $177,000. Steward Partners Investment Advisory LLC increased its holdings in iShares Dow Jones U.S. ETF by 1.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 12,671 shares of the company’s stock valued at $1,477,000 after buying an additional 205 shares in the last quarter. Finally, Aspect Partners LLC purchased a new position in iShares Dow Jones U.S. ETF during the fourth quarter worth approximately $273,000.

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.