iShares Dow Jones U.S. ETF (NYSEARCA:IYY) Short Interest Update

iShares Dow Jones U.S. ETF (NYSEARCA:IYY) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 53,546 shares, an increase of 33.6% from the December 31st total of 40,077 shares. Based on an average daily trading volume, of 38,209 shares, the short-interest ratio is presently 1.4 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 38,209 shares, the short-interest ratio is presently 1.4 days.

Institutional Investors Weigh In On iShares Dow Jones U.S. ETF

Large investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC increased its position in shares of iShares Dow Jones U.S. ETF by 40.2% during the 1st quarter. NewEdge Advisors LLC now owns 5,680 shares of the company’s stock valued at $773,000 after purchasing an additional 1,629 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in iShares Dow Jones U.S. ETF by 87.0% in the first quarter. Goldman Sachs Group Inc. now owns 24,668 shares of the company’s stock worth $3,357,000 after buying an additional 11,474 shares in the last quarter. Truist Financial Corp grew its position in iShares Dow Jones U.S. ETF by 11.7% during the second quarter. Truist Financial Corp now owns 17,040 shares of the company’s stock valued at $2,571,000 after acquiring an additional 1,786 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in iShares Dow Jones U.S. ETF by 13.2% during the second quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,279 shares of the company’s stock valued at $646,000 after acquiring an additional 500 shares during the last quarter. Finally, Ameritas Advisory Services LLC purchased a new position in shares of iShares Dow Jones U.S. ETF during the second quarter worth approximately $575,000.

iShares Dow Jones U.S. ETF Trading Down 0.5%

Shares of iShares Dow Jones U.S. ETF stock traded down $0.81 on Friday, hitting $168.10. 28,591 shares of the company traded hands, compared to its average volume of 34,730. The firm’s 50-day simple moving average is $166.95 and its 200 day simple moving average is $162.39. The company has a market cap of $2.77 billion, a P/E 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 $169.71.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.