U.S. Capital Wealth Advisors LLC purchased a new position in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 2,639 shares of the company’s stock, valued at approximately $211,000.
Several other institutional investors and hedge funds have also modified their holdings of the business. Wetzel Investment Advisors Inc. bought a new position in iShares U.S. Utilities ETF in the 4th quarter worth $41,000. Laurel Wealth Advisors LLC boosted its holdings in iShares U.S. Utilities ETF by 29.0% in the 3rd quarter. Laurel Wealth Advisors LLC now owns 668 shares of the company’s stock worth $49,000 after buying an additional 150 shares during the period. Capital Analysts LLC bought a new position in iShares U.S. Utilities ETF in the 4th quarter worth $72,000. Picton Mahoney Asset Management bought a new position in iShares U.S. Utilities ETF in the 3rd quarter worth $138,000. Finally, Aptus Capital Advisors LLC boosted its holdings in iShares U.S. Utilities ETF by 110.0% in the 3rd quarter. Aptus Capital Advisors LLC now owns 1,909 shares of the company’s stock worth $140,000 after buying an additional 1,000 shares during the period.
iShares U.S. Utilities ETF Stock Performance
Shares of iShares U.S. Utilities ETF stock opened at $89.77 on Thursday. The company has a fifty day moving average of $83.59 and a 200 day moving average of $80.08. iShares U.S. Utilities ETF has a fifty-two week low of $68.87 and a fifty-two week high of $89.83. The company has a market capitalization of $933.61 million, a P/E ratio of 23.49 and a beta of 0.48.
iShares U.S. Utilities ETF Company 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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