Nations Financial Group Inc. IA ADV Makes New $314,000 Investment in iShares Dow Jones U.S. ETF (NYSEARCA:IYY)

Nations Financial Group Inc. IA ADV purchased a new position in iShares Dow Jones U.S. ETF (NYSEARCA:IYY) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,250 shares of the company’s stock, valued at approximately $314,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. LPL Financial LLC boosted its stake in iShares Dow Jones U.S. ETF by 3.9% during the second quarter. LPL Financial LLC now owns 328,481 shares of the company’s stock worth $43,461,000 after buying an additional 12,304 shares in the last quarter. Sharp Financial Services LLC acquired a new position in shares of iShares Dow Jones U.S. ETF during the 2nd quarter worth about $16,381,000. Cetera Investment Advisers grew its position in shares of iShares Dow Jones U.S. ETF by 17.7% during the 2nd 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. Wealth Enhancement Advisory Services LLC grew its position in shares of iShares Dow Jones U.S. ETF by 21.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 48,555 shares of the company’s stock valued at $6,424,000 after purchasing an additional 8,682 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in shares of iShares Dow Jones U.S. ETF by 7.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 42,924 shares of the company’s stock valued at $5,679,000 after purchasing an additional 3,053 shares during the period.

iShares Dow Jones U.S. ETF Stock Down 0.7 %

NYSEARCA:IYY opened at $145.04 on Friday. iShares Dow Jones U.S. ETF has a twelve month low of $109.13 and a twelve month high of $146.76. The business has a 50 day moving average price of $139.76 and a two-hundred day moving average price of $134.34. The company has a market cap of $2.16 billion, a P/E ratio of 25.62 and a beta of 1.02.

iShares Dow Jones U.S. ETF 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.