KERR FINANCIAL PLANNING Corp Invests $1.22 Million in iShares Dow Jones U.S. ETF $IYY

KERR FINANCIAL PLANNING Corp acquired a new stake in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) in the third quarter, Holdings Channel.com reports. The firm acquired 7,459 shares of the company’s stock, valued at approximately $1,220,000. iShares Dow Jones U.S. ETF makes up about 1.7% of KERR FINANCIAL PLANNING Corp’s investment portfolio, making the stock its 10th largest position.

Several other hedge funds have also made changes to their positions in IYY. Franklin Resources Inc. bought a new position in iShares Dow Jones U.S. ETF during the third quarter valued at about $32,000. Simplex Trading LLC bought a new stake in shares of iShares Dow Jones U.S. ETF in the 2nd quarter worth approximately $64,000. Financial Life Planners acquired a new stake in shares of iShares Dow Jones U.S. ETF during the 3rd quarter worth approximately $80,000. Triumph Capital Management bought a new stake in shares of iShares Dow Jones U.S. ETF during the third quarter valued at approximately $93,000. Finally, Assetmark Inc. increased its position in shares of iShares Dow Jones U.S. ETF by 137.1% during the third quarter. Assetmark Inc. now owns 780 shares of the company’s stock valued at $127,000 after purchasing an additional 451 shares during the period.

iShares Dow Jones U.S. ETF Trading Up 0.1%

Shares of NYSEARCA IYY opened at $162.77 on Wednesday. iShares Dow Jones U.S. ETF has a one year low of $116.99 and a one year high of $169.71. The firm has a market capitalization of $2.69 billion, a price-to-earnings ratio of 25.52 and a beta of 1.02. The business has a fifty day simple moving average of $166.88 and a 200 day simple moving average of $164.79.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.