Archer Investment Corp Acquires Shares of 615 iShares Dow Jones U.S. ETF (NYSEARCA:IYY)

Archer Investment Corp acquired a new stake in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) in the fourth quarter, Holdings Channel reports. The firm acquired 615 shares of the company’s stock, valued at approximately $88,000.

Several other large investors also recently added to or reduced their stakes in IYY. Financial Life Planners bought a new stake in shares of iShares Dow Jones U.S. ETF during the fourth quarter valued at approximately $48,000. Allworth Financial LP purchased a new stake in shares of iShares Dow Jones U.S. ETF in the 3rd quarter worth $60,000. Procyon Advisors LLC purchased a new stake in shares of iShares Dow Jones U.S. ETF in the 3rd quarter worth $209,000. CPR Investments Inc. bought a new position in shares of iShares Dow Jones U.S. ETF during the 4th quarter worth $211,000. Finally, Tyche Wealth Partners LLC purchased a new position in shares of iShares Dow Jones U.S. ETF during the third quarter valued at $216,000.

iShares Dow Jones U.S. ETF Price Performance

NYSEARCA:IYY opened at $148.41 on Friday. iShares Dow Jones U.S. ETF has a 1-year low of $119.89 and a 1-year high of $149.40. The company has a 50-day moving average of $146.19 and a 200 day moving average of $140.88. The firm has a market cap of $2.21 billion, a PE ratio of 25.62 and a beta of 1.02.

iShares Dow Jones U.S. ETF 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.