Avondale Wealth Management Sells 1,750 Shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY)

Avondale Wealth Management decreased its position in iShares Dow Jones U.S. ETF (NYSEARCA:IYYGet Rating) by 16.8% in the 1st quarter, HoldingsChannel reports. The fund owned 8,674 shares of the company’s stock after selling 1,750 shares during the period. iShares Dow Jones U.S. ETF makes up about 1.1% of Avondale Wealth Management’s investment portfolio, making the stock its 15th biggest holding. Avondale Wealth Management’s holdings in iShares Dow Jones U.S. ETF were worth $966,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Huntington National Bank acquired a new stake in iShares Dow Jones U.S. ETF during the 4th quarter worth $45,000. CWM LLC acquired a new stake in iShares Dow Jones U.S. ETF during the 4th quarter valued at $69,000. Qube Research & Technologies Ltd boosted its position in shares of iShares Dow Jones U.S. ETF by 1,029.6% in the fourth quarter. Qube Research & Technologies Ltd now owns 802 shares of the company’s stock valued at $95,000 after acquiring an additional 731 shares during the period. Integrity Financial Corp WA acquired a new position in iShares Dow Jones U.S. ETF in the fourth quarter valued at about $101,000. Finally, Garde Capital Inc. acquired a new stake in shares of iShares Dow Jones U.S. ETF in the 4th quarter valued at $114,000.

NYSEARCA:IYY traded up $2.08 on Wednesday, hitting $91.75. The stock had a trading volume of 55,003 shares, compared to its average volume of 78,317. iShares Dow Jones U.S. ETF has a 52 week low of $88.73 and a 52 week high of $118.98. The business’s fifty day moving average is $99.84 and its 200 day moving average is $107.28.

About iShares Dow Jones U.S. ETF (Get Rating)

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.

Further Reading

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