D.A. Davidson & CO. Has $1.66 Million Position in iShares U.S. Utilities ETF (NYSEARCA:IDU)

D.A. Davidson & CO. lessened its stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 5.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 17,298 shares of the company’s stock after selling 1,038 shares during the period. D.A. Davidson & CO. owned 0.16% of iShares U.S. Utilities ETF worth $1,664,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. New Wave Wealth Advisors LLC acquired a new position in iShares U.S. Utilities ETF during the fourth quarter worth $117,000. Vertex Planning Partners LLC acquired a new position in iShares U.S. Utilities ETF during the third quarter worth $211,000. Hilltop Holdings Inc. acquired a new position in iShares U.S. Utilities ETF during the third quarter worth $224,000. REDW Wealth LLC acquired a new position in iShares U.S. Utilities ETF during the third quarter worth $228,000. Finally, TPG Advisors LLC acquired a new position in iShares U.S. Utilities ETF during the third quarter worth $229,000.

iShares U.S. Utilities ETF Trading Up 0.0 %

IDU opened at $102.60 on Friday. iShares U.S. Utilities ETF has a 1-year low of $78.07 and a 1-year high of $106.16. The company has a market cap of $1.10 billion, a price-to-earnings ratio of 25.14 and a beta of 0.48. The company’s fifty day moving average price is $98.72 and its two-hundred day moving average price is $99.51.

iShares U.S. Utilities ETF 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.