Fulcrum Equity Management Acquires Shares of 11,497 iShares U.S. Utilities ETF (NYSEARCA:IDU)

Fulcrum Equity Management bought a new position in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 11,497 shares of the company’s stock, valued at approximately $1,173,000. iShares U.S. Utilities ETF makes up approximately 1.0% of Fulcrum Equity Management’s portfolio, making the stock its 27th largest position. Fulcrum Equity Management owned approximately 0.11% of iShares U.S. Utilities ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bensler LLC increased its stake in shares of iShares U.S. Utilities ETF by 19.7% during the 3rd quarter. Bensler LLC now owns 225,859 shares of the company’s stock worth $23,042,000 after purchasing an additional 37,200 shares during the last quarter. Apollon Wealth Management LLC raised its position in iShares U.S. Utilities ETF by 1,289.0% during the 3rd quarter. Apollon Wealth Management LLC now owns 132,123 shares of the company’s stock worth $13,479,000 after purchasing an additional 122,611 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of iShares U.S. Utilities ETF by 11.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 124,841 shares of the company’s stock valued at $10,971,000 after purchasing an additional 12,692 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in iShares U.S. Utilities ETF by 19.5% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 121,434 shares of the company’s stock worth $10,672,000 after purchasing an additional 19,817 shares during the period. Finally, Pinkerton Retirement Specialists LLC acquired a new position in shares of iShares U.S. Utilities ETF during the second quarter valued at about $8,491,000.

iShares U.S. Utilities ETF Price Performance

NYSEARCA:IDU opened at $99.07 on Thursday. The company has a market cap of $1.07 billion, a PE ratio of 25.14 and a beta of 0.48. iShares U.S. Utilities ETF has a one year low of $75.93 and a one year high of $106.16. The firm has a 50-day moving average of $101.79 and a 200-day moving average of $96.37.

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.