Rehmann Capital Advisory Group boosted its holdings in shares of iShares US Utilities ETF (NYSEARCA:IDU) by 180.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 648 shares of the company’s stock after acquiring an additional 417 shares during the quarter. Rehmann Capital Advisory Group’s holdings in iShares US Utilities ETF were worth $98,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. TCG Advisors LP acquired a new stake in shares of iShares US Utilities ETF in the first quarter valued at $27,000. Gradient Investments LLC increased its holdings in iShares US Utilities ETF by 340.0% in the 2nd quarter. Gradient Investments LLC now owns 220 shares of the company’s stock valued at $33,000 after purchasing an additional 170 shares in the last quarter. Meridian Wealth Management LLC acquired a new stake in iShares US Utilities ETF in the 1st quarter valued at $38,000. James Investment Research Inc. acquired a new stake in iShares US Utilities ETF in the 2nd quarter valued at $45,000. Finally, Advisors Preferred LLC increased its holdings in iShares US Utilities ETF by 86.7% in the 2nd quarter. Advisors Preferred LLC now owns 659 shares of the company’s stock valued at $99,000 after purchasing an additional 306 shares in the last quarter.
NYSEARCA IDU traded up $2.44 during trading hours on Friday, hitting $163.01. The company had a trading volume of 24,276 shares, compared to its average volume of 72,109. iShares US Utilities ETF has a fifty-two week low of $128.78 and a fifty-two week high of $163.81. The firm’s 50 day moving average is $158.72 and its 200 day moving average is $151.91.
iShares US Utilities ETF Profile
iShares U.S. Utilities ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Utilities Index (the Underlying Index). The Underlying Index measures the performance of the utilities sector of the United States equity market.
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