Great Valley Advisor Group Inc. Reduces Stock Position in iShares Dow Jones U.S. ETF (NYSEARCA:IYY)

Great Valley Advisor Group Inc. reduced its holdings in iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 2.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,839 shares of the company’s stock after selling 175 shares during the period. Great Valley Advisor Group Inc.’s holdings in iShares Dow Jones U.S. ETF were worth $773,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. First Heartland Consultants Inc. increased its stake in shares of iShares Dow Jones U.S. ETF by 11.7% in the 4th quarter. First Heartland Consultants Inc. now owns 25,941 shares of the company’s stock worth $3,023,000 after acquiring an additional 2,721 shares during the last quarter. Beacon Pointe Advisors LLC acquired a new stake in iShares Dow Jones U.S. ETF in the fourth quarter valued at approximately $239,000. Garde Capital Inc. acquired a new stake in shares of iShares Dow Jones U.S. ETF in the 4th quarter valued at $108,000. Wells Fargo & Company MN grew its stake in shares of iShares Dow Jones U.S. ETF by 2.2% during the fourth quarter. Wells Fargo & Company MN now owns 105,776 shares of the company’s stock worth $12,326,000 after purchasing an additional 2,308 shares in the last quarter. Finally, North Star Asset Management Inc. purchased a new stake in iShares Dow Jones U.S. ETF during the fourth quarter worth approximately $210,000.

iShares Dow Jones U.S. ETF Stock Performance

iShares Dow Jones U.S. ETF stock traded up $0.19 during midday trading on Wednesday, hitting $132.03. 19,451 shares of the company’s stock were exchanged, compared to its average volume of 26,667. iShares Dow Jones U.S. ETF has a 12-month low of $99.61 and a 12-month high of $137.55. The stock has a market cap of $1.97 billion, a price-to-earnings ratio of 25.62 and a beta of 1.02. The firm’s 50 day simple moving average is $132.33 and its 200 day simple moving average is $127.61.

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.