SOA Wealth Advisors LLC. Buys New Position in iShares US Utilities ETF (NYSEARCA:IDU)

SOA Wealth Advisors LLC. bought a new stake in shares of iShares US Utilities ETF (NYSEARCA:IDU) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 1,090 shares of the company’s stock, valued at approximately $85,000.

A number of other large investors have also made changes to their positions in the stock. Destination Wealth Management boosted its stake in iShares US Utilities ETF by 103.9% during the 4th quarter. Destination Wealth Management now owns 629,843 shares of the company’s stock valued at $48,876,000 after purchasing an additional 321,012 shares during the period. Morgan Stanley lifted its position in shares of iShares US Utilities ETF by 70.0% in the 4th quarter. Morgan Stanley now owns 271,314 shares of the company’s stock worth $21,054,000 after acquiring an additional 111,699 shares during the period. LPL Financial LLC lifted its position in shares of iShares US Utilities ETF by 92.0% in the 4th quarter. LPL Financial LLC now owns 190,436 shares of the company’s stock worth $14,778,000 after acquiring an additional 91,236 shares during the period. Bank of New York Mellon Corp lifted its position in shares of iShares US Utilities ETF by 55.8% in the 4th quarter. Bank of New York Mellon Corp now owns 168,430 shares of the company’s stock worth $13,070,000 after acquiring an additional 60,293 shares during the period. Finally, Lbmc Investment Advisors LLC lifted its position in shares of iShares US Utilities ETF by 90.9% in the 4th quarter. Lbmc Investment Advisors LLC now owns 125,560 shares of the company’s stock worth $9,743,000 after acquiring an additional 59,771 shares during the period.

Shares of IDU stock opened at $80.52 on Thursday. The stock has a 50 day moving average of $76.82 and a two-hundred day moving average of $78.33. iShares US Utilities ETF has a 12 month low of $66.67 and a 12 month high of $82.92.

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

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