iShares Dow Jones U.S. ETF $IYY Shares Sold by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC lowered its position in iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 3.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,354 shares of the company’s stock after selling 108 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares Dow Jones U.S. ETF were worth $506,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. SouthState Corp acquired a new position in iShares Dow Jones U.S. ETF in the first quarter valued at $30,000. Allworth Financial LP lifted its stake in shares of iShares Dow Jones U.S. ETF by 24.8% during the first quarter. Allworth Financial LP now owns 538 shares of the company’s stock worth $72,000 after purchasing an additional 107 shares in the last quarter. Garde Capital Inc. acquired a new position in shares of iShares Dow Jones U.S. ETF during the first quarter worth about $88,000. Blair William & Co. IL lifted its stake in shares of iShares Dow Jones U.S. ETF by 61.3% during the first quarter. Blair William & Co. IL now owns 910 shares of the company’s stock worth $124,000 after purchasing an additional 346 shares in the last quarter. Finally, Archer Investment Corp lifted its stake in shares of iShares Dow Jones U.S. ETF by 49.4% during the first quarter. Archer Investment Corp now owns 919 shares of the company’s stock worth $125,000 after purchasing an additional 304 shares in the last quarter.

iShares Dow Jones U.S. ETF Price Performance

Shares of IYY opened at $161.99 on Friday. The stock’s 50-day moving average is $159.78 and its two-hundred day moving average is $148.98. The stock has a market cap of $2.66 billion, a PE ratio of 25.52 and a beta of 1.02. iShares Dow Jones U.S. ETF has a 12 month low of $116.99 and a 12 month high of $164.27.

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.