Wealth Enhancement Advisory Services LLC Boosts Position in iShares Dow Jones U.S. ETF $IYY

Wealth Enhancement Advisory Services LLC lifted its position in iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 2.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,959 shares of the company’s stock after buying an additional 1,145 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.32% of iShares Dow Jones U.S. ETF worth $8,086,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Westside Investment Management Inc. increased its holdings in shares of iShares Dow Jones U.S. ETF by 3.6% in the first quarter. Westside Investment Management Inc. now owns 2,895 shares of the company’s stock worth $394,000 after purchasing an additional 100 shares during the period. Allworth Financial LP increased its stake in iShares Dow Jones U.S. ETF by 24.8% in the 1st quarter. Allworth Financial LP now owns 538 shares of the company’s stock worth $72,000 after acquiring an additional 107 shares during the last quarter. Avantax Advisory Services Inc. raised its holdings in shares of iShares Dow Jones U.S. ETF by 7.7% in the 1st quarter. Avantax Advisory Services Inc. now owns 1,713 shares of the company’s stock valued at $233,000 after acquiring an additional 122 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of iShares Dow Jones U.S. ETF by 4.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 4,558 shares of the company’s stock valued at $620,000 after acquiring an additional 199 shares in the last quarter. Finally, SouthState Corp bought a new stake in shares of iShares Dow Jones U.S. ETF during the 1st quarter valued at about $30,000.

iShares Dow Jones U.S. ETF Trading Down 0.6%

IYY stock opened at $161.92 on Wednesday. The company’s 50 day moving average is $156.86 and its 200 day moving average is $145.93. The stock has a market cap of $2.65 billion, a price-to-earnings ratio of 25.52 and a beta of 1.02. iShares Dow Jones U.S. ETF has a 1-year low of $116.99 and a 1-year high of $162.92.

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.