iShares Dow Jones U.S. ETF (NYSEARCA:IYY) Sees Strong Trading Volume – Here’s What Happened

Shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) saw unusually-high trading volume on Monday . Approximately 93,157 shares changed hands during trading, an increase of 166% from the previous session’s volume of 34,966 shares.The stock last traded at $146.47 and had previously closed at $147.44.

iShares Dow Jones U.S. ETF Trading Up 0.5 %

The firm has a 50 day moving average of $146.17 and a 200-day moving average of $140.83. The company has a market cap of $2.20 billion, a P/E ratio of 25.62 and a beta of 1.02.

Institutional Trading of iShares Dow Jones U.S. ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of iShares Dow Jones U.S. ETF during the 4th quarter worth approximately $45,000. Financial Life Planners purchased a new stake in shares of iShares Dow Jones U.S. ETF during the 4th quarter worth approximately $48,000. Allworth Financial LP purchased a new stake in shares of iShares Dow Jones U.S. ETF during the 3rd quarter worth approximately $60,000. Archer Investment Corp purchased a new stake in shares of iShares Dow Jones U.S. ETF during the 4th quarter worth approximately $88,000. Finally, Fagan Associates Inc. purchased a new stake in shares of iShares Dow Jones U.S. ETF during the 4th quarter worth approximately $200,000.

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.