iShares Dow Jones U.S. ETF (NYSEARCA:IYY) Sees Unusually-High Trading Volume

Shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) saw unusually-strong trading volume on Tuesday . Approximately 569,790 shares were traded during trading, an increase of 1,854% from the previous session’s volume of 29,164 shares.The stock last traded at $135.34 and had previously closed at $137.24.

iShares Dow Jones U.S. ETF Price Performance

The company has a market cap of $2.00 billion, a PE ratio of 25.62 and a beta of 1.02. The stock’s 50-day moving average is $133.65 and its 200 day moving average is $129.20.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. New Wave Wealth Advisors LLC acquired a new stake in iShares Dow Jones U.S. ETF in the 2nd quarter worth approximately $1,204,000. New Century Financial Group LLC purchased a new position in shares of iShares Dow Jones U.S. ETF in the second quarter worth $429,000. Cetera Investment Advisers lifted its stake in shares of iShares Dow Jones U.S. ETF by 17.7% during the second quarter. Cetera Investment Advisers now owns 52,600 shares of the company’s stock worth $6,960,000 after buying an additional 7,919 shares during the period. Susquehanna International Group LLP grew its holdings in shares of iShares Dow Jones U.S. ETF by 12.7% during the second quarter. Susquehanna International Group LLP now owns 27,812 shares of the company’s stock valued at $3,680,000 after buying an additional 3,138 shares during the last quarter. Finally, J.W. Cole Advisors Inc. increased its position in shares of iShares Dow Jones U.S. ETF by 15.8% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 5,334 shares of the company’s stock valued at $706,000 after acquiring an additional 729 shares during the period.

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.