iShares Dow Jones U.S. ETF (NYSEARCA:IYY) Reaches New 12-Month Low – Time to Sell?

iShares Dow Jones U.S. ETF (NYSEARCA:IYY) reached a new 52-week low during trading on Monday . The company traded as low as $116.99 and last traded at $117.36, with a volume of 25894 shares changing hands. The stock had previously closed at $123.03.

iShares Dow Jones U.S. ETF Stock Performance

The firm has a market capitalization of $1.98 billion, a price-to-earnings ratio of 24.93 and a beta of 1.04. The business’s 50-day moving average is $142.18 and its two-hundred day moving average is $143.18.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Atala Financial Inc bought a new position in shares of iShares Dow Jones U.S. ETF during the 4th quarter worth approximately $30,000. Kohmann Bosshard Financial Services LLC acquired a new position in iShares Dow Jones U.S. ETF during the fourth quarter worth $45,000. Financial Life Planners bought a new stake in iShares Dow Jones U.S. ETF during the 4th quarter worth about $48,000. Ameriflex Group Inc. acquired a new position in shares of iShares Dow Jones U.S. ETF during the 4th quarter worth about $87,000. Finally, Archer Investment Corp acquired a new stake in shares of iShares Dow Jones U.S. ETF in the fourth quarter valued at about $88,000.

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.