Moors & Cabot Inc. lowered its holdings in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU – Get Rating) by 6.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,156 shares of the company’s stock after selling 222 shares during the period. Moors & Cabot Inc.’s holdings in iShares U.S. Utilities ETF were worth $273,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the business. Mercer Global Advisors Inc. ADV boosted its stake in iShares U.S. Utilities ETF by 13.4% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 3,586 shares of the company’s stock worth $310,000 after buying an additional 424 shares in the last quarter. Advisors Preferred LLC acquired a new stake in shares of iShares U.S. Utilities ETF in the 4th quarter valued at $68,000. Raymond James Financial Services Advisors Inc. boosted its stake in shares of iShares U.S. Utilities ETF by 6.0% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 90,151 shares of the company’s stock valued at $7,801,000 after purchasing an additional 5,135 shares in the last quarter. Raymond James & Associates boosted its stake in shares of iShares U.S. Utilities ETF by 0.7% in the 4th quarter. Raymond James & Associates now owns 38,638 shares of the company’s stock valued at $3,344,000 after purchasing an additional 266 shares in the last quarter. Finally, UBS Group AG boosted its stake in shares of iShares U.S. Utilities ETF by 35.2% in the 4th quarter. UBS Group AG now owns 63,792 shares of the company’s stock valued at $5,521,000 after purchasing an additional 16,601 shares in the last quarter.
iShares U.S. Utilities ETF Stock Performance
Shares of NYSEARCA:IDU opened at $81.81 on Monday. iShares U.S. Utilities ETF has a 52 week low of $74.96 and a 52 week high of $96.00. The company’s fifty day moving average is $83.92 and its 200-day moving average is $84.62. The company has a market capitalization of $969.45 million, a PE ratio of 24.05 and a beta of 0.53.
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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