Siligmueller & Norvid Wealth Advisors LLC Makes New $12.97 Million Investment in iShares Dow Jones U.S. ETF (NYSEARCA:IYY)

Siligmueller & Norvid Wealth Advisors LLC acquired a new position in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 90,647 shares of the company’s stock, valued at approximately $12,971,000. iShares Dow Jones U.S. ETF comprises approximately 5.5% of Siligmueller & Norvid Wealth Advisors LLC’s investment portfolio, making the stock its 4th largest position. Siligmueller & Norvid Wealth Advisors LLC owned about 0.61% of iShares Dow Jones U.S. ETF at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the business. Bank of New York Mellon Corp grew its position in shares of iShares Dow Jones U.S. ETF by 2.5% in the 4th quarter. Bank of New York Mellon Corp now owns 30,162 shares of the company’s stock valued at $4,316,000 after buying an additional 723 shares during the last quarter. Private Advisor Group LLC grew its holdings in shares of iShares Dow Jones U.S. ETF by 5.7% during the fourth quarter. Private Advisor Group LLC now owns 25,349 shares of the company’s stock worth $3,627,000 after purchasing an additional 1,373 shares during the last quarter. Fagan Associates Inc. acquired a new stake in shares of iShares Dow Jones U.S. ETF during the fourth quarter worth about $200,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in shares of iShares Dow Jones U.S. ETF in the 4th quarter valued at about $957,000. Finally, Sanctuary Advisors LLC boosted its position in shares of iShares Dow Jones U.S. ETF by 3.2% in the 4th quarter. Sanctuary Advisors LLC now owns 2,885 shares of the company’s stock valued at $427,000 after purchasing an additional 90 shares during the period.

iShares Dow Jones U.S. ETF Stock Down 0.6 %

NYSEARCA:IYY opened at $144.74 on Wednesday. iShares Dow Jones U.S. ETF has a 52-week low of $120.56 and a 52-week high of $149.87. The stock’s 50 day moving average price is $146.15 and its 200 day moving average price is $142.63. The company has a market capitalization of $2.37 billion, a PE ratio of 26.90 and a beta of 1.03.

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.