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

iShares Dow Jones U.S. ETF (NYSEARCA:IYY) shares saw unusually-strong trading volume on Monday . Approximately 151,404 shares changed hands during trading, an increase of 312% from the previous session’s volume of 36,738 shares.The stock last traded at $137.19 and had previously closed at $140.15.

iShares Dow Jones U.S. ETF Stock Performance

The business has a 50-day simple moving average of $145.38 and a two-hundred day simple moving average of $143.08. The company has a market capitalization of $2.21 billion, a price-to-earnings ratio of 24.96 and a beta of 1.04.

Institutional Trading of iShares Dow Jones U.S. ETF

Several hedge funds have recently modified their holdings of IYY. Nations Financial Group Inc. IA ADV acquired a new stake in shares of iShares Dow Jones U.S. ETF in the 3rd quarter valued at approximately $314,000. First Heartland Consultants Inc. lifted its holdings in shares of iShares Dow Jones U.S. ETF by 1.7% in the 3rd quarter. First Heartland Consultants Inc. now owns 23,742 shares of the company’s stock valued at $3,314,000 after buying an additional 397 shares during the period. Silver Oak Advisory Group Inc. lifted its holdings in shares of iShares Dow Jones U.S. ETF by 2.9% in the 3rd quarter. Silver Oak Advisory Group Inc. now owns 2,752 shares of the company’s stock valued at $384,000 after buying an additional 78 shares during the period. Optivise Advisory Services LLC acquired a new stake in shares of iShares Dow Jones U.S. ETF in the 3rd quarter valued at approximately $665,000. Finally, FMR LLC lifted its holdings in shares of iShares Dow Jones U.S. ETF by 3.4% in the 3rd quarter. FMR LLC now owns 24,044 shares of the company’s stock valued at $3,356,000 after buying an additional 789 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.