Sunbelt Securities Inc. Sells 2,736 Shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY)

Sunbelt Securities Inc. lessened its stake in iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 38.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,298 shares of the company’s stock after selling 2,736 shares during the quarter. Sunbelt Securities Inc.’s holdings in iShares Dow Jones U.S. ETF were worth $569,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in IYY. Mine & Arao Wealth Creation & Management LLC. lifted its stake in iShares Dow Jones U.S. ETF by 1.1% in the second quarter. Mine & Arao Wealth Creation & Management LLC. now owns 11,274 shares of the company’s stock valued at $1,492,000 after acquiring an additional 118 shares during the last quarter. Westside Investment Management Inc. grew its holdings in iShares Dow Jones U.S. ETF by 6.8% during the first quarter. Westside Investment Management Inc. now owns 2,345 shares of the company’s stock worth $300,000 after purchasing an additional 150 shares during the period. Arkansas Financial Group Inc. increased its position in iShares Dow Jones U.S. ETF by 6.0% during the fourth quarter. Arkansas Financial Group Inc. now owns 3,097 shares of the company’s stock worth $361,000 after buying an additional 174 shares during the last quarter. Founders Financial Securities LLC raised its stake in iShares Dow Jones U.S. ETF by 4.0% in the first quarter. Founders Financial Securities LLC now owns 6,873 shares of the company’s stock valued at $880,000 after buying an additional 267 shares during the period. Finally, Cambridge Investment Research Advisors Inc. lifted its position in shares of iShares Dow Jones U.S. ETF by 1.9% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 15,841 shares of the company’s stock valued at $2,096,000 after buying an additional 297 shares during the last quarter.

iShares Dow Jones U.S. ETF Trading Down 0.9 %

IYY stock opened at $138.37 on Wednesday. iShares Dow Jones U.S. ETF has a 1-year low of $99.61 and a 1-year high of $139.75. The business’s 50 day simple moving average is $134.51 and its 200 day simple moving average is $130.91. The firm has a market capitalization of $2.06 billion, a PE 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.