World Investment Advisors Takes Position in iShares Dow Jones U.S. ETF $IYY

World Investment Advisors purchased a new position in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,752 shares of the company’s stock, valued at approximately $415,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Summit Financial Consulting LLC bought a new position in iShares Dow Jones U.S. ETF during the 2nd quarter valued at $2,464,000. Kovitz Investment Group Partners LLC acquired a new stake in shares of iShares Dow Jones U.S. ETF in the 1st quarter valued at about $2,014,000. Goldman Sachs Group Inc. lifted its position in shares of iShares Dow Jones U.S. ETF by 87.0% during the first quarter. Goldman Sachs Group Inc. now owns 24,668 shares of the company’s stock worth $3,357,000 after purchasing an additional 11,474 shares during the last quarter. Raymond James Financial Inc. grew its stake in iShares Dow Jones U.S. ETF by 13.5% in the first quarter. Raymond James Financial Inc. now owns 87,051 shares of the company’s stock worth $11,848,000 after purchasing an additional 10,324 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in iShares Dow Jones U.S. ETF by 13.1% in the first quarter. Cetera Investment Advisers now owns 57,383 shares of the company’s stock valued at $7,810,000 after buying an additional 6,625 shares during the last quarter.

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

NYSEARCA:IYY opened at $166.30 on Tuesday. The business’s 50 day moving average is $161.73 and its two-hundred day moving average is $152.30. iShares Dow Jones U.S. ETF has a 52 week low of $116.99 and a 52 week high of $167.88. The company has a market cap of $2.73 billion, a PE ratio of 25.52 and a beta of 1.02.

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.