iShares Dow Jones U.S. ETF (NYSEARCA:IYY) Sees Large Volume Increase

iShares Dow Jones U.S. ETF (NYSEARCA:IYY) shares saw unusually-high trading volume on Monday . Approximately 11,549 shares traded hands during mid-day trading, a decline of 57% from the previous session’s volume of 26,615 shares.The stock last traded at $134.82 and had previously closed at $134.74.

iShares Dow Jones U.S. ETF Price Performance

The stock’s 50 day moving average price is $132.56 and its two-hundred day moving average price is $127.92. The firm has a market capitalization of $2.02 billion, a price-to-earnings ratio of 25.62 and a beta of 1.02.

Institutional Trading of iShares Dow Jones U.S. ETF

A number of institutional investors and hedge funds have recently modified their holdings of IYY. Susquehanna International Group LLP raised its stake in iShares Dow Jones U.S. ETF by 12.7% during the 2nd quarter. Susquehanna International Group LLP now owns 27,812 shares of the company’s stock valued at $3,680,000 after purchasing an additional 3,138 shares during the last quarter. J.W. Cole Advisors Inc. raised its stake in iShares Dow Jones U.S. ETF by 15.8% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 5,334 shares of the company’s stock valued at $706,000 after purchasing an additional 729 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in iShares Dow Jones U.S. ETF by 7.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 42,924 shares of the company’s stock valued at $5,679,000 after purchasing an additional 3,053 shares during the last quarter. Private Wealth Partners LLC increased its holdings in iShares Dow Jones U.S. ETF by 29.0% in the 2nd quarter. Private Wealth Partners LLC now owns 2,837 shares of the company’s stock valued at $375,000 after buying an additional 637 shares during the period. Finally, LPL Financial LLC lifted its holdings in shares of iShares Dow Jones U.S. ETF by 3.9% during the 2nd quarter. LPL Financial LLC now owns 328,481 shares of the company’s stock worth $43,461,000 after acquiring an additional 12,304 shares during the period.

About iShares Dow Jones U.S. ETF

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.