Arkansas Financial Group Inc. Boosts Stake in iShares Dow Jones U.S. ETF $IYY

Arkansas Financial Group Inc. grew its position in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 31.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,572 shares of the company’s stock after acquiring an additional 5,357 shares during the quarter. Arkansas Financial Group Inc.’s holdings in iShares Dow Jones U.S. ETF were worth $3,684,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of IYY. Integrity Alliance LLC. acquired a new stake in iShares Dow Jones U.S. ETF during the 1st quarter worth approximately $223,000. J.W. Cole Advisors Inc. grew its stake in iShares Dow Jones U.S. ETF by 5.4% during the second quarter. J.W. Cole Advisors Inc. now owns 6,096 shares of the company’s stock worth $920,000 after buying an additional 313 shares during the period. Ameritas Advisory Services LLC purchased a new stake in iShares Dow Jones U.S. ETF during the second quarter worth approximately $575,000. Laurel Wealth Advisors LLC increased its position in shares of iShares Dow Jones U.S. ETF by 14,989.3% in the second quarter. Laurel Wealth Advisors LLC now owns 4,225 shares of the company’s stock worth $637,000 after acquiring an additional 4,197 shares in the last quarter. Finally, Clark Asset Management LLC purchased a new position in shares of iShares Dow Jones U.S. ETF in the 3rd quarter valued at $575,000.

iShares Dow Jones U.S. ETF Trading Up 0.6%

NYSEARCA:IYY opened at $168.96 on Friday. The firm’s fifty day simple moving average is $165.45 and its 200 day simple moving average is $160.55. iShares Dow Jones U.S. ETF has a twelve month low of $116.99 and a twelve month high of $169.22. The firm has a market capitalization of $2.78 billion, a price-to-earnings ratio of 25.52 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.