iShares Dow Jones U.S. ETF (NYSEARCA:IYY) Shares Bought by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC lifted its stake in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 24.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 2,566 shares of the company’s stock after acquiring an additional 496 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in iShares Dow Jones U.S. ETF were worth $299,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. PNC Financial Services Group Inc. increased its stake in iShares Dow Jones U.S. ETF by 18.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 212,135 shares of the company’s stock valued at $24,720,000 after purchasing an additional 32,599 shares during the period. Bank of New York Mellon Corp increased its position in iShares Dow Jones U.S. ETF by 442.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 32,967 shares of the company’s stock valued at $3,444,000 after acquiring an additional 26,886 shares during the period. Raymond James Financial Services Advisors Inc. raised its stake in iShares Dow Jones U.S. ETF by 28.9% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 48,769 shares of the company’s stock valued at $5,683,000 after acquiring an additional 10,925 shares during the last quarter. LPL Financial LLC lifted its position in iShares Dow Jones U.S. ETF by 2.6% during the 3rd quarter. LPL Financial LLC now owns 307,040 shares of the company’s stock worth $32,080,000 after acquiring an additional 7,653 shares during the period. Finally, Lido Advisors LLC acquired a new stake in iShares Dow Jones U.S. ETF during the 3rd quarter worth approximately $594,000.

iShares Dow Jones U.S. ETF Trading Down 0.7 %

NYSEARCA:IYY opened at $128.18 on Friday. iShares Dow Jones U.S. ETF has a 12-month low of $99.61 and a 12-month high of $129.99. The stock’s 50 day simple moving average is $125.98 and its 200-day simple moving average is $120.06. The firm has a market cap of $1.91 billion, a P/E ratio of 25.62 and a beta of 1.02.

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.