Vertex Planning Partners LLC boosted its stake in iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report) by 14.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 2,371 shares of the company’s stock after purchasing an additional 306 shares during the period. Vertex Planning Partners LLC’s holdings in iShares U.S. Utilities ETF were worth $228,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in shares of iShares U.S. Utilities ETF during the fourth quarter worth about $18,143,000. Arrien Investments Inc. acquired a new stake in iShares U.S. Utilities ETF during the 4th quarter worth approximately $7,166,000. Flow Traders U.S. LLC boosted its position in iShares U.S. Utilities ETF by 487.1% in the 3rd quarter. Flow Traders U.S. LLC now owns 35,000 shares of the company’s stock valued at $3,571,000 after buying an additional 29,039 shares during the period. CPR Investments Inc. purchased a new stake in shares of iShares U.S. Utilities ETF during the fourth quarter worth $2,373,000. Finally, Wealthstar Advisors LLC acquired a new stake in shares of iShares U.S. Utilities ETF in the fourth quarter valued at $1,665,000.
iShares U.S. Utilities ETF Stock Performance
IDU stock opened at $99.61 on Friday. The company’s 50 day moving average price is $100.43 and its 200 day moving average price is $100.25. The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of 21.12 and a beta of 0.61. iShares U.S. Utilities ETF has a fifty-two week low of $80.68 and a fifty-two week high of $106.16.
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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