Ibex Wealth Advisors Takes $1.05 Million Position in iShares Dow Jones U.S. ETF $IYY

Ibex Wealth Advisors purchased a new position in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 6,624 shares of the company’s stock, valued at approximately $1,050,000.

Several other institutional investors have also recently made changes to their positions in the company. Apella Capital LLC purchased a new stake in iShares Dow Jones U.S. ETF in the fourth quarter valued at $14,236,000. Daytona Street Capital LLC acquired a new stake in shares of iShares Dow Jones U.S. ETF during the 4th quarter worth about $703,000. JPMorgan Chase & Co. increased its position in shares of iShares Dow Jones U.S. ETF by 279.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 24,253 shares of the company’s stock worth $3,941,000 after purchasing an additional 17,860 shares during the last quarter. Ritholtz Wealth Management raised its holdings in iShares Dow Jones U.S. ETF by 38.5% in the 1st quarter. Ritholtz Wealth Management now owns 19,542 shares of the company’s stock valued at $3,096,000 after buying an additional 5,435 shares during the period. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in iShares Dow Jones U.S. ETF in the 3rd quarter valued at about $1,220,000.

iShares Dow Jones U.S. ETF Price Performance

NYSEARCA IYY opened at $183.17 on Friday. The firm’s 50-day moving average is $180.59 and its two-hundred day moving average is $171.25. iShares Dow Jones U.S. ETF has a 12 month low of $150.90 and a 12 month high of $184.94. The stock has a market capitalization of $2.99 billion, a P/E ratio of 25.52 and a beta of 1.01.

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.