Sovereign Financial Group Inc. Buys Shares of 4,182 iShares Dow Jones U.S. ETF (NYSEARCA:IYY)

Sovereign Financial Group Inc. acquired a new stake in iShares Dow Jones U.S. ETF (NYSEARCA:IYY) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 4,182 shares of the company’s stock, valued at approximately $487,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cambridge Investment Research Advisors Inc. lifted its stake in shares of iShares Dow Jones U.S. ETF by 5.2% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 15,647 shares of the company’s stock valued at $1,635,000 after buying an additional 771 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of iShares Dow Jones U.S. ETF by 174.4% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 37,844 shares of the company’s stock valued at $3,954,000 after purchasing an additional 24,050 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in iShares Dow Jones U.S. ETF by 442.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 32,967 shares of the company’s stock worth $3,444,000 after purchasing an additional 26,886 shares in the last quarter. Community Bank N.A. bought a new position in iShares Dow Jones U.S. ETF in the 3rd quarter worth about $2,539,000. Finally, TIAA Trust National Association purchased a new position in iShares Dow Jones U.S. ETF during the 3rd quarter valued at about $1,321,000.

iShares Dow Jones U.S. ETF Trading Up 0.1 %

Shares of IYY stock traded up $0.15 during trading hours on Tuesday, reaching $126.35. The stock had a trading volume of 13,917 shares, compared to its average volume of 30,034. The stock’s fifty day simple moving average is $125.24 and its 200 day simple moving average is $118.12. The firm has a market capitalization of $1.88 billion, a PE ratio of 24.88 and a beta of 1.01. iShares Dow Jones U.S. ETF has a 12 month low of $99.61 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.