Chung Wu Investment Group LLC Takes Position in iShares Dow Jones U.S. ETF (NYSEARCA:IYY)

Chung Wu Investment Group LLC purchased a new position in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,370 shares of the company’s stock, valued at approximately $911,000. iShares Dow Jones U.S. ETF makes up approximately 0.9% of Chung Wu Investment Group LLC’s holdings, making the stock its 25th biggest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Siligmueller & Norvid Wealth Advisors LLC bought a new position in shares of iShares Dow Jones U.S. ETF during the fourth quarter valued at approximately $12,971,000. Raymond James Financial Inc. purchased a new stake in shares of iShares Dow Jones U.S. ETF during the 4th quarter worth $10,979,000. Ibex Wealth Advisors bought a new stake in iShares Dow Jones U.S. ETF during the fourth quarter valued at about $4,606,000. Flow Traders U.S. LLC bought a new stake in iShares Dow Jones U.S. ETF during the third quarter valued at about $3,357,000. Finally, Finley Financial LLC purchased a new position in iShares Dow Jones U.S. ETF in the fourth quarter valued at about $2,592,000.

iShares Dow Jones U.S. ETF Stock Performance

IYY stock opened at $142.10 on Thursday. iShares Dow Jones U.S. ETF has a one year low of $120.56 and a one year high of $149.87. The firm has a market cap of $2.32 billion, a price-to-earnings ratio of 26.90 and a beta of 1.03. The firm has a 50-day simple moving average of $145.93 and a two-hundred day simple moving average of $142.99.

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.