iShares Dow Jones U.S. ETF (NYSEARCA:IYY) Hits New 52-Week High at $137.63

iShares Dow Jones U.S. ETF (NYSEARCA:IYY) shares hit a new 52-week high on Tuesday . The stock traded as high as $137.63 and last traded at $137.39, with a volume of 1049 shares traded. The stock had previously closed at $136.91.

iShares Dow Jones U.S. ETF Stock Performance

The firm has a market cap of $2.04 billion, a PE ratio of 25.62 and a beta of 1.02. The stock has a 50 day simple moving average of $133.80 and a two-hundred day simple moving average of $129.88.

Hedge Funds Weigh In On iShares Dow Jones U.S. ETF

Institutional investors have recently made changes to their positions in the company. LPL Financial LLC increased its stake in shares of iShares Dow Jones U.S. ETF by 3.9% in the 2nd quarter. LPL Financial LLC now owns 328,481 shares of the company’s stock valued at $43,461,000 after purchasing an additional 12,304 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of iShares Dow Jones U.S. ETF by 18.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 212,135 shares of the company’s stock worth $24,720,000 after buying an additional 32,599 shares during the period. Commonwealth Equity Services LLC raised its stake in shares of iShares Dow Jones U.S. ETF by 2.0% during the 1st quarter. Commonwealth Equity Services LLC now owns 124,279 shares of the company’s stock worth $15,919,000 after buying an additional 2,455 shares during the period. Sharp Financial Services LLC purchased a new position in shares of iShares Dow Jones U.S. ETF during the 2nd quarter valued at approximately $16,381,000. Finally, Wells Fargo & Company MN grew its stake in iShares Dow Jones U.S. ETF by 2.2% in the 4th quarter. Wells Fargo & Company MN now owns 105,776 shares of the company’s stock valued at $12,326,000 after acquiring an additional 2,308 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.