Commonwealth Equity Services LLC boosted its position in iShares U.S. Utilities ETF (NYSEARCA:IDU – Get Rating) by 0.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 103,363 shares of the company’s stock after purchasing an additional 655 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.90% of iShares U.S. Utilities ETF worth $8,945,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Mendota Financial Group LLC purchased a new position in shares of iShares U.S. Utilities ETF in the 4th quarter worth approximately $25,000. First Command Bank purchased a new stake in shares of iShares U.S. Utilities ETF during the 4th quarter valued at $32,000. Concord Wealth Partners purchased a new stake in shares of iShares U.S. Utilities ETF during the 4th quarter valued at $33,000. Global Retirement Partners LLC boosted its position in shares of iShares U.S. Utilities ETF by 142.1% in the 3rd quarter. Global Retirement Partners LLC now owns 443 shares of the company’s stock worth $37,000 after purchasing an additional 260 shares in the last quarter. Finally, M&R Capital Management Inc. acquired a new stake in iShares U.S. Utilities ETF in the 4th quarter worth approximately $38,000.
iShares U.S. Utilities ETF Trading Up 0.6 %
Shares of iShares U.S. Utilities ETF stock opened at $85.20 on Monday. The firm’s 50 day simple moving average is $83.29 and its two-hundred day simple moving average is $84.40. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 24.05 and a beta of 0.53. iShares U.S. Utilities ETF has a 12-month low of $74.96 and a 12-month high of $96.00.
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.
Featured Articles
- Get a free copy of the StockNews.com research report on iShares U.S. Utilities ETF (IDU)
- MarketBeat Week in Review – 5/1 – 5/5
- It’s Time To Check Into Booking.Com
- Shopify Delivers Growth And Efficiency; Shares Surge
- Advanced Micro Devices Bullish Reversal Is Still In Play
- Broadcom Shares Trade In Tight Range Ahead Of Q2 Earnings Report
Receive News & Ratings for iShares U.S. Utilities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Utilities ETF and related companies with MarketBeat.com's FREE daily email newsletter.
