Encompass Wealth Advisors LLC Buys Shares of 886 iShares US Utilities ETF (NYSEARCA:IDU)

Encompass Wealth Advisors LLC bought a new stake in iShares US Utilities ETF (NYSEARCA:IDU) during the fourth quarter, Holdings Channel.com reports. The institutional investor bought 886 shares of the company’s stock, valued at approximately $69,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Rockbridge Investment Management LCC lifted its position in shares of iShares US Utilities ETF by 82.4% during the fourth quarter. Rockbridge Investment Management LCC now owns 414 shares of the company’s stock worth $32,000 after purchasing an additional 187 shares in the last quarter. Field & Main Bank lifted its position in shares of iShares US Utilities ETF by 75.9% during the fourth quarter. Field & Main Bank now owns 7,300 shares of the company’s stock worth $566,000 after purchasing an additional 3,150 shares in the last quarter. Front Row Advisors LLC lifted its position in shares of iShares US Utilities ETF by 100.0% during the fourth quarter. Front Row Advisors LLC now owns 320 shares of the company’s stock worth $25,000 after purchasing an additional 160 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in iShares US Utilities ETF by 158.0% in the fourth quarter. JPMorgan Chase & Co. now owns 14,280 shares of the company’s stock valued at $1,108,000 after acquiring an additional 8,746 shares in the last quarter. Finally, Intellectus Partners LLC increased its stake in iShares US Utilities ETF by 81.0% in the fourth quarter. Intellectus Partners LLC now owns 11,666 shares of the company’s stock valued at $905,000 after purchasing an additional 5,220 shares during the last quarter.

Shares of iShares US Utilities ETF stock opened at $80.52 on Thursday. iShares US Utilities ETF has a 52 week low of $66.67 and a 52 week high of $82.92. The firm’s 50 day moving average is $76.82 and its two-hundred day moving average is $78.33.

About iShares US Utilities ETF

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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Institutional Ownership by Quarter for iShares US Utilities ETF (NYSEARCA:IDU)

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