Townsquare Capital LLC increased its position in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report) by 7.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 87,610 shares of the company’s stock after purchasing an additional 5,894 shares during the period. Townsquare Capital LLC owned 0.81% of iShares U.S. Utilities ETF worth $8,938,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. B. Riley Wealth Advisors Inc. boosted its stake in iShares U.S. Utilities ETF by 39.1% in the first quarter. B. Riley Wealth Advisors Inc. now owns 3,724 shares of the company’s stock valued at $315,000 after acquiring an additional 1,046 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of iShares U.S. Utilities ETF by 155.1% during the first quarter. Cetera Investment Advisers now owns 21,499 shares of the company’s stock worth $1,817,000 after buying an additional 13,070 shares during the period. Cetera Advisors LLC acquired a new stake in shares of iShares U.S. Utilities ETF during the first quarter worth about $821,000. HBW Advisory Services LLC acquired a new stake in shares of iShares U.S. Utilities ETF during the second quarter worth about $424,000. Finally, Sharp Financial Services LLC acquired a new stake in shares of iShares U.S. Utilities ETF during the second quarter worth about $3,514,000.
iShares U.S. Utilities ETF Stock Performance
Shares of IDU opened at $105.52 on Thursday. iShares U.S. Utilities ETF has a fifty-two week low of $75.93 and a fifty-two week high of $106.16. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 25.14 and a beta of 0.48. The firm has a 50-day simple moving average of $101.50 and a 200-day simple moving average of $95.55.
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.
Further Reading
- Five stocks we like better than iShares U.S. Utilities ETF
- What Are Dividends? Buy the Best Dividend Stocks
- Microsoft Stock Gets a $550 Price Target: Time to Get Excited
- 5 Top Rated Dividend Stocks to Consider
- Trump Tariffs in Focus: 2 Chinese Stocks to Own and 2 to Avoid
- Which Wall Street Analysts are the Most Accurate?
- 2 Generic Drug Stocks Ready to Surge in 2025
Want to see what other hedge funds are holding IDU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report).
Receive News & Ratings for iShares U.S. Utilities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Utilities ETF and related companies with MarketBeat.com's FREE daily email newsletter.
