J.W. Cole Advisors Inc. Increases Holdings in iShares U.S. Utilities ETF (NYSEARCA:IDU)

J.W. Cole Advisors Inc. lifted its position in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 4.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,524 shares of the company’s stock after purchasing an additional 213 shares during the period. J.W. Cole Advisors Inc. owned 0.05% of iShares U.S. Utilities ETF worth $441,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of IDU. Modera Wealth Management LLC bought a new position in iShares U.S. Utilities ETF in the third quarter worth approximately $8,792,000. Bellwether Advisors LLC bought a new position in iShares U.S. Utilities ETF in the third quarter worth approximately $4,653,000. International Assets Investment Management LLC acquired a new position in shares of iShares U.S. Utilities ETF during the fourth quarter worth $2,101,000. Wakefield Asset Management LLLP acquired a new position in shares of iShares U.S. Utilities ETF during the fourth quarter worth $1,889,000. Finally, Raymond James & Associates increased its position in shares of iShares U.S. Utilities ETF by 55.9% during the third quarter. Raymond James & Associates now owns 64,593 shares of the company’s stock worth $4,753,000 after purchasing an additional 23,160 shares in the last quarter.

iShares U.S. Utilities ETF Trading Up 0.5 %

Shares of IDU stock opened at $85.11 on Wednesday. The business’s fifty day simple moving average is $81.63 and its 200-day simple moving average is $79.01. The company has a market cap of $885.14 million, a PE ratio of 23.49 and a beta of 0.48. iShares U.S. Utilities ETF has a 12-month low of $68.87 and a 12-month high of $86.54.

About iShares U.S. 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.