iShares Dow Jones U.S. ETF (NYSEARCA:IYY) Sees Unusually-High Trading Volume – Here’s What Happened

iShares Dow Jones U.S. ETF (NYSEARCA:IYY) shares saw unusually-strong trading volume on Friday . Approximately 133,656 shares changed hands during mid-day trading, an increase of 70% from the previous session’s volume of 78,513 shares.The stock last traded at $144.25 and had previously closed at $142.68.

iShares Dow Jones U.S. ETF Stock Performance

The stock has a fifty day moving average price of $145.12 and a 200-day moving average price of $138.81. The firm has a market cap of $2.16 billion, a PE ratio of 25.62 and a beta of 1.02.

Institutional Trading of iShares Dow Jones U.S. ETF

A number of institutional investors have recently added to or reduced their stakes in IYY. Thomasville National Bank lifted its position in shares of iShares Dow Jones U.S. ETF by 0.6% during the third quarter. Thomasville National Bank now owns 12,422 shares of the company’s stock worth $1,734,000 after purchasing an additional 71 shares in the last quarter. Silver Oak Advisory Group Inc. boosted its stake in shares of iShares Dow Jones U.S. ETF by 2.9% in the third quarter. Silver Oak Advisory Group Inc. now owns 2,752 shares of the company’s stock valued at $384,000 after purchasing an additional 78 shares during the period. National Bank of Canada FI boosted its stake in shares of iShares Dow Jones U.S. ETF by 1.6% in the third quarter. National Bank of Canada FI now owns 7,082 shares of the company’s stock valued at $989,000 after purchasing an additional 112 shares during the period. Mine & Arao Wealth Creation & Management LLC. boosted its stake in shares of 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 purchasing an additional 118 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in shares of iShares Dow Jones U.S. ETF by 1.3% in the third quarter. JPMorgan Chase & Co. now owns 12,525 shares of the company’s stock valued at $1,748,000 after purchasing an additional 155 shares during the period.

About iShares Dow Jones U.S. ETF

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.