Weaver Consulting Group Has $251,000 Position in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Weaver Consulting Group lessened its holdings in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 13.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,608 shares of the company’s stock after selling 400 shares during the period. Weaver Consulting Group’s holdings in iShares U.S. Utilities ETF were worth $251,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Strategic Investment Solutions Inc. IL bought a new stake in shares of iShares U.S. Utilities ETF in the 2nd quarter valued at approximately $62,000. Trilogy Capital Inc. acquired a new stake in iShares U.S. Utilities ETF in the 3rd quarter valued at $206,000. Vertex Planning Partners LLC acquired a new stake in iShares U.S. Utilities ETF in the 3rd quarter valued at $211,000. Rede Wealth LLC bought a new stake in iShares U.S. Utilities ETF in the third quarter valued at $212,000. Finally, Callan Family Office LLC acquired a new position in iShares U.S. Utilities ETF during the third quarter worth $214,000.

iShares U.S. Utilities ETF Stock Performance

Shares of NYSEARCA IDU opened at $96.68 on Wednesday. iShares U.S. Utilities ETF has a 52-week low of $75.93 and a 52-week high of $106.16. The business has a fifty day moving average of $99.83 and a two-hundred day moving average of $97.35. The stock has a market cap of $1.04 billion, a PE 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.