Foundations Investment Advisors LLC Lowers Holdings in iShares Dow Jones U.S. ETF (NYSEARCA:IYY)

Foundations Investment Advisors LLC reduced its stake in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 31.6% in the third quarter, HoldingsChannel reports. The institutional investor owned 6,247 shares of the company’s stock after selling 2,890 shares during the period. Foundations Investment Advisors LLC’s holdings in iShares Dow Jones U.S. ETF were worth $872,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of IYY. Stratos Wealth Advisors LLC grew its position in shares of iShares Dow Jones U.S. ETF by 1.5% during the third quarter. Stratos Wealth Advisors LLC now owns 20,768 shares of the company’s stock valued at $2,899,000 after purchasing an additional 298 shares in the last quarter. Procyon Advisors LLC purchased a new position in iShares Dow Jones U.S. ETF during the 3rd quarter valued at approximately $209,000. Thomasville National Bank grew its holdings in iShares Dow Jones U.S. ETF by 0.6% during the 3rd quarter. Thomasville National Bank now owns 12,422 shares of the company’s stock valued at $1,734,000 after buying an additional 71 shares in the last quarter. Watts Gwilliam & Co. LLC bought a new stake in iShares Dow Jones U.S. ETF in the 3rd quarter worth approximately $417,000. Finally, Arkansas Financial Group Inc. raised its holdings in shares of iShares Dow Jones U.S. ETF by 80.6% during the 3rd quarter. Arkansas Financial Group Inc. now owns 13,223 shares of the company’s stock worth $1,846,000 after acquiring an additional 5,901 shares in the last quarter.

iShares Dow Jones U.S. ETF Stock Performance

IYY stock opened at $141.03 on Friday. The firm has a market cap of $2.10 billion, a PE ratio of 25.62 and a beta of 1.02. The firm has a fifty day moving average price of $137.74 and a 200 day moving average price of $132.39. iShares Dow Jones U.S. ETF has a fifty-two week low of $99.61 and a fifty-two week high of $142.66.

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.