Brookstone Capital Management Has $5.23 Million Stock Position in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Brookstone Capital Management lessened its stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 2.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,214 shares of the company’s stock after selling 1,394 shares during the quarter. Brookstone Capital Management’s holdings in iShares U.S. Utilities ETF were worth $5,225,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in IDU. Callan Family Office LLC purchased a new position in iShares U.S. Utilities ETF during the 3rd quarter worth $214,000. HBW Advisory Services LLC lifted its position in shares of iShares U.S. Utilities ETF by 4.1% during the third quarter. HBW Advisory Services LLC now owns 5,018 shares of the company’s stock valued at $512,000 after purchasing an additional 197 shares in the last quarter. First Financial Bank Trust Division bought a new stake in iShares U.S. Utilities ETF in the 3rd quarter worth about $224,000. Strategic Investment Solutions Inc. IL bought a new stake in iShares U.S. Utilities ETF in the 2nd quarter worth about $62,000. Finally, Cetera Investment Advisers increased its stake in iShares U.S. Utilities ETF by 23.5% in the 2nd quarter. Cetera Investment Advisers now owns 26,551 shares of the company’s stock valued at $2,333,000 after buying an additional 5,052 shares during the last quarter.

iShares U.S. Utilities ETF Trading Down 0.2 %

Shares of iShares U.S. Utilities ETF stock opened at $99.67 on Friday. The business’s fifty day simple moving average is $97.86 and its 200 day simple moving average is $91.59. iShares U.S. Utilities ETF has a 12 month low of $71.73 and a 12 month high of $103.41. The firm has a market capitalization of $1.07 billion, a P/E ratio of 25.14 and a beta of 0.48.

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.