iShares Dow Jones U.S. ETF (NYSEARCA:IYY) Stock Short Interest Report for October

by · The Markets Daily

iShares Dow Jones U.S. ETF (NYSEARCA:IYY – Get Free Report) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 2,033 shares, a drop of 61.5% from the September 30th total of 5,274 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 36,409 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On iShares Dow Jones U.S. ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Bangor Savings Bank purchased a new position in iShares Dow Jones U.S. ETF during the 3rd quarter valued at about $88,000. William Mack & Associates Inc. acquired a new position in iShares Dow Jones U.S. ETF in the 3rd quarter valued at about $92,000. Continuum Advisory LLC purchased a new stake in iShares Dow Jones U.S. ETF during the second quarter worth about $91,000. Financial Life Planners purchased a new stake in iShares Dow Jones U.S. ETF during the first quarter worth about $81,000. Finally, IFP Advisors Inc increased its stake in iShares Dow Jones U.S. ETF by 29.3% during the second quarter. IFP Advisors Inc now owns 1,385 shares of the company’s stock worth $252,000 after purchasing an additional 314 shares during the period.

iShares Dow Jones U.S. ETF Trading Down 1.7%

iShares Dow Jones U.S. ETF stock traded down $3.24 during trading on Friday, hitting $183.82. The company had a trading volume of 18,480 shares, compared to its average volume of 26,225. The company’s 50 day simple moving average is $186.68 and its 200-day simple moving average is $177.32. iShares Dow Jones U.S. ETF has a 1-year low of $153.32 and a 1-year high of $190.10. The stock has a market cap of $2.96 billion, a price-to-earnings ratio of 25.52 and a beta of 1.01.

About iShares Dow Jones U.S. ETF

(Get Free Report)

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.

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