Fagan Associates Inc. Buys Shares of 1,400 iShares Dow Jones U.S. ETF (NYSEARCA:IYY)

Fagan Associates 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 Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,400 shares of the company’s stock, valued at approximately $200,000.

A number of other institutional investors also recently bought and sold shares of IYY. Brighton Jones LLC bought a new position in iShares Dow Jones U.S. ETF in the third quarter valued at about $291,000. Heritage Oak Wealth Advisors LLC purchased a new stake in iShares Dow Jones U.S. ETF in the third quarter worth about $1,270,000. Allworth Financial LP purchased a new stake in iShares Dow Jones U.S. ETF in the third quarter worth about $60,000. Ellis Investment Partners LLC increased its position in iShares Dow Jones U.S. ETF by 3.8% in the third quarter. Ellis Investment Partners LLC now owns 10,856 shares of the company’s stock worth $1,515,000 after buying an additional 394 shares in the last quarter. Finally, Tyche Wealth Partners LLC purchased a new stake in iShares Dow Jones U.S. ETF in the third quarter worth about $216,000.

iShares Dow Jones U.S. ETF Stock Up 0.3 %

Shares of IYY opened at $149.54 on Wednesday. The business has a 50-day simple moving average of $146.22 and a two-hundred day simple moving average of $141.80. The stock has a market cap of $2.44 billion, a price-to-earnings ratio of 26.90 and a beta of 1.03. iShares Dow Jones U.S. ETF has a 52 week low of $120.56 and a 52 week high of $149.54.

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.