Gray Wealth Management Inc. Acquires New Holdings in iShares Dow Jones U.S. ETF (NYSEARCA:IYY)

Gray Wealth Management Inc. bought a new stake in iShares Dow Jones U.S. ETF (NYSEARCA:IYY) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,866 shares of the company’s stock, valued at approximately $217,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Assetmark Inc. grew its holdings in iShares Dow Jones U.S. ETF by 90.7% during the 3rd quarter. Assetmark Inc. now owns 286 shares of the company’s stock worth $30,000 after acquiring an additional 136 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in iShares Dow Jones U.S. ETF by 50.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 450 shares of the company’s stock worth $42,000 after buying an additional 150 shares during the period. J.W. Cole Advisors Inc. grew its position in shares of iShares Dow Jones U.S. ETF by 2.9% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 5,534 shares of the company’s stock valued at $578,000 after buying an additional 158 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its stake in shares of iShares Dow Jones U.S. ETF by 2.3% in the third quarter. B. Riley Wealth Advisors Inc. now owns 7,337 shares of the company’s stock valued at $644,000 after buying an additional 162 shares during the period. Finally, Centaurus Financial Inc. increased its stake in shares of iShares Dow Jones U.S. ETF by 24.5% in the first quarter. Centaurus Financial Inc. now owns 1,220 shares of the company’s stock valued at $136,000 after buying an additional 240 shares during the period.

iShares Dow Jones U.S. ETF Price Performance

Shares of iShares Dow Jones U.S. ETF stock traded down $0.18 during midday trading on Thursday, reaching $121.95. The company had a trading volume of 29,104 shares, compared to its average volume of 32,417. The stock has a fifty day moving average price of $124.95 and a 200 day moving average price of $116.20. iShares Dow Jones U.S. ETF has a fifty-two week low of $98.37 and a fifty-two week high of $128.29. The firm has a market cap of $1.82 billion, a PE ratio of 25.59 and a beta of 1.01.

iShares Dow Jones U.S. ETF Company 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.