Guardian Capital LLC Makes New $787,000 Investment in iShares Dow Jones U.S. ETF $IYY

Guardian Capital LLC acquired a new position in iShares Dow Jones U.S. ETF (NYSEARCA:IYY) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 4,747 shares of the company’s stock, valued at approximately $787,000.

Other hedge funds also recently modified their holdings of the company. NewEdge Advisors LLC lifted its position in shares of iShares Dow Jones U.S. ETF by 40.2% during the 1st quarter. NewEdge Advisors LLC now owns 5,680 shares of the company’s stock worth $773,000 after buying an additional 1,629 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of iShares Dow Jones U.S. ETF by 87.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 24,668 shares of the company’s stock worth $3,357,000 after buying an additional 11,474 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares Dow Jones U.S. ETF by 13.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 6,393 shares of the company’s stock worth $965,000 after buying an additional 745 shares during the period. Baird Financial Group Inc. lifted its position in shares of iShares Dow Jones U.S. ETF by 14.8% during the 2nd quarter. Baird Financial Group Inc. now owns 4,201 shares of the company’s stock worth $634,000 after buying an additional 543 shares during the period. Finally, Raymond James Financial Inc. lifted its position in shares of iShares Dow Jones U.S. ETF by 15.9% during the 2nd quarter. Raymond James Financial Inc. now owns 100,896 shares of the company’s stock worth $15,223,000 after buying an additional 13,845 shares during the period.

iShares Dow Jones U.S. ETF Price Performance

iShares Dow Jones U.S. ETF stock opened at $179.33 on Friday. The company has a market capitalization of $2.93 billion, a PE ratio of 25.52 and a beta of 1.01. iShares Dow Jones U.S. ETF has a one year low of $140.22 and a one year high of $181.89. The business has a 50 day simple moving average of $167.38 and a 200 day simple moving average of $166.73.

iShares Dow Jones U.S. ETF 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.