J.W. Cole Advisors Inc. Trims Position in iShares Dow Jones U.S. ETF (NYSEARCA:IYY)

J.W. Cole Advisors Inc. trimmed its holdings in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 16.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,604 shares of the company’s stock after selling 930 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in iShares Dow Jones U.S. ETF were worth $537,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Gray Wealth Management Inc. acquired a new stake in shares of iShares Dow Jones U.S. ETF during the 4th quarter worth about $217,000. Main Street Research LLC acquired a new stake in shares of iShares Dow Jones U.S. ETF during the 4th quarter worth about $397,000. BOK Financial Private Wealth Inc. acquired a new stake in shares of iShares Dow Jones U.S. ETF during the 4th quarter worth about $117,000. Stratos Wealth Advisors LLC increased its position in shares of iShares Dow Jones U.S. ETF by 82.2% during the 4th quarter. Stratos Wealth Advisors LLC now owns 6,806 shares of the company’s stock worth $793,000 after purchasing an additional 3,071 shares during the last quarter. Finally, Fifth Third Bancorp increased its position in shares of iShares Dow Jones U.S. ETF by 66.5% during the 4th quarter. Fifth Third Bancorp now owns 896 shares of the company’s stock worth $104,000 after purchasing an additional 358 shares during the last quarter.

iShares Dow Jones U.S. ETF Trading Up 1.3 %

Shares of NYSEARCA:IYY opened at $123.50 on Wednesday. The business has a 50-day moving average price of $124.97 and a 200 day moving average price of $116.80. The company has a market capitalization of $1.84 billion, a price-to-earnings ratio of 25.59 and a beta of 1.01. iShares Dow Jones U.S. ETF has a 12-month low of $98.37 and a 12-month high of $128.29.

iShares Dow Jones U.S. ETF 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.