Principal Securities Inc. Makes New $145,000 Investment in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Principal Securities Inc. acquired a new stake in iShares U.S. Utilities ETF (NYSEARCA:IDU) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,809 shares of the company’s stock, valued at approximately $145,000.

Several other institutional investors and hedge funds have also modified their holdings of IDU. Laurel Wealth Advisors LLC raised 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 valued at $49,000 after acquiring an additional 150 shares during the last quarter. Madden Advisory Services Inc. lifted its position in iShares U.S. Utilities ETF by 3.6% during the third quarter. Madden Advisory Services Inc. now owns 4,357 shares of the company’s stock worth $321,000 after buying an additional 153 shares during the period. Great Lakes Advisors LLC boosted its stake in iShares U.S. Utilities ETF by 1.1% in the 3rd quarter. Great Lakes Advisors LLC now owns 15,975 shares of the company’s stock worth $1,175,000 after buying an additional 169 shares during the last quarter. J.W. Cole Advisors Inc. grew its holdings in iShares U.S. Utilities ETF by 4.0% in the 4th quarter. J.W. Cole Advisors Inc. now owns 5,524 shares of the company’s stock valued at $441,000 after buying an additional 213 shares during the period. Finally, Capital Investment Advisors LLC increased its stake in shares of iShares U.S. Utilities ETF by 2.9% during the 4th quarter. Capital Investment Advisors LLC now owns 8,121 shares of the company’s stock valued at $649,000 after acquiring an additional 231 shares during the last quarter.

iShares U.S. Utilities ETF Stock Up 0.1 %

Shares of NYSEARCA IDU opened at $92.20 on Monday. The stock has a market capitalization of $991.15 million, a PE ratio of 25.14 and a beta of 0.48. The firm has a fifty day moving average of $85.11 and a 200-day moving average of $81.00. iShares U.S. Utilities ETF has a 52-week low of $68.87 and a 52-week high of $92.69.

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.