Sage Investment Advisers LLC Takes Position in iShares Dow Jones U.S. ETF $IYY

Sage Investment Advisers LLC purchased a new stake in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 12,071 shares of the company’s stock, valued at approximately $2,002,000. iShares Dow Jones U.S. ETF makes up about 1.5% of Sage Investment Advisers LLC’s investment portfolio, making the stock its 22nd biggest position. Sage Investment Advisers LLC owned about 0.07% of iShares Dow Jones U.S. ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Franklin Resources Inc. bought a new position in shares of iShares Dow Jones U.S. ETF during the 3rd quarter valued at $32,000. AlphaCore Capital LLC bought a new position in shares of iShares Dow Jones U.S. ETF during the 4th quarter valued at $50,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of iShares Dow Jones U.S. ETF during the 4th quarter valued at $52,000. Financial Life Planners bought a new position in shares of iShares Dow Jones U.S. ETF during the 3rd quarter valued at $80,000. Finally, Triumph Capital Management bought a new position in shares of iShares Dow Jones U.S. ETF during the 3rd quarter valued at $93,000.

iShares Dow Jones U.S. ETF Price Performance

Shares of IYY opened at $183.80 on Monday. The company has a market capitalization of $3.01 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 $142.35 and a one year high of $184.17. The company’s fifty day moving average price is $170.97 and its 200 day moving average price is $167.83.

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.