Commonwealth Equity Services LLC Sells 3,754 Shares of iShares Dow Jones U.S. ETF $IYY

Commonwealth Equity Services LLC decreased its stake in iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 3.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 111,332 shares of the company’s stock after selling 3,754 shares during the period. Commonwealth Equity Services LLC owned 0.68% of iShares Dow Jones U.S. ETF worth $18,089,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Ameriprise Financial Inc. increased its position in iShares Dow Jones U.S. ETF by 159.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 70,208 shares of the company’s stock valued at $10,592,000 after purchasing an additional 43,127 shares during the period. Summit Financial Consulting LLC bought a new stake in shares of iShares Dow Jones U.S. ETF in the 2nd quarter valued at $2,464,000. Raymond James Financial Inc. increased its position in shares of iShares Dow Jones U.S. ETF by 15.9% during the second quarter. Raymond James Financial Inc. now owns 100,896 shares of the company’s stock worth $15,223,000 after buying an additional 13,845 shares during the period. Goldman Sachs Group Inc. raised its stake in 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 buying an additional 11,474 shares during the last quarter. Finally, Ibex Wealth Advisors acquired a new position in iShares Dow Jones U.S. ETF in the second quarter valued at $1,004,000.

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

Shares of IYY opened at $168.96 on Friday. The firm’s fifty day simple moving average is $165.45 and its two-hundred day simple moving average is $160.46. iShares Dow Jones U.S. ETF has a 12 month low of $116.99 and a 12 month high of $169.22. The stock has a market capitalization of $2.78 billion, a P/E ratio of 25.52 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.