Ballew Advisors Inc Reduces Position in iShares Dow Jones U.S. ETF (NYSEARCA:IYY)

Ballew Advisors Inc lessened its holdings in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 21.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,865 shares of the company’s stock after selling 1,343 shares during the quarter. Ballew Advisors Inc’s holdings in iShares Dow Jones U.S. ETF were worth $565,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of IYY. Anchor Investment Management LLC bought a new position in iShares Dow Jones U.S. ETF during the fourth quarter valued at approximately $30,000. Assetmark Inc. increased its stake in iShares Dow Jones U.S. ETF by 90.7% in the 3rd quarter. Assetmark Inc. now owns 286 shares of the company’s stock worth $30,000 after purchasing an additional 136 shares during the period. FNY Investment Advisers LLC bought a new stake in iShares Dow Jones U.S. ETF in the third quarter valued at approximately $31,000. ST Germain D J Co. Inc. purchased a new stake in shares of iShares Dow Jones U.S. ETF during the second quarter valued at approximately $39,000. Finally, Rockefeller Capital Management L.P. grew its holdings in shares of iShares Dow Jones U.S. ETF by 50.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 450 shares of the company’s stock worth $42,000 after purchasing an additional 150 shares during the last quarter.

iShares Dow Jones U.S. ETF Stock Performance

NYSEARCA:IYY traded up $0.21 during midday trading on Thursday, reaching $128.25. 24,161 shares of the stock traded hands, compared to its average volume of 31,240. The stock has a market capitalization of $1.97 billion, a P/E ratio of 17.81 and a beta of 1.02. The company has a fifty day moving average of $122.92 and a 200 day moving average of $114.21. iShares Dow Jones U.S. ETF has a 12 month low of $97.41 and a 12 month high of $128.29.

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.