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

iShares Dow Jones U.S. ETF (NYSEARCA:IYY) saw an uptick in trading volume on Monday . 151,404 shares changed hands during trading, an increase of 312% from the previous session’s volume of 36,738 shares.The stock last traded at $137.19 and had previously closed at $140.15.

iShares Dow Jones U.S. ETF Stock Performance

The firm’s fifty day moving average price is $145.68 and its 200 day moving average price is $143.09. The firm has a market cap of $2.22 billion, a P/E ratio of 24.96 and a beta of 1.04.

Institutional Investors Weigh In On iShares Dow Jones U.S. ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Nations Financial Group Inc. IA ADV acquired a new position in shares of iShares Dow Jones U.S. ETF during the third quarter worth $314,000. First Heartland Consultants Inc. increased its position in iShares Dow Jones U.S. ETF by 1.7% during the 3rd quarter. First Heartland Consultants Inc. now owns 23,742 shares of the company’s stock valued at $3,314,000 after buying an additional 397 shares in the last quarter. Silver Oak Advisory Group Inc. increased its position in iShares Dow Jones U.S. ETF by 2.9% during the 3rd quarter. Silver Oak Advisory Group Inc. now owns 2,752 shares of the company’s stock valued at $384,000 after buying an additional 78 shares in the last quarter. Optivise Advisory Services LLC acquired a new stake in iShares Dow Jones U.S. ETF in the third quarter worth about $665,000. Finally, FMR LLC boosted its holdings in iShares Dow Jones U.S. ETF by 3.4% in the third quarter. FMR LLC now owns 24,044 shares of the company’s stock worth $3,356,000 after acquiring an additional 789 shares in the last quarter.

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.