iShares U.S. Utilities ETF (NYSEARCA:IDU) Shares Purchased by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC boosted its stake in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 15.4% in the third quarter, Holdings Channel.com reports. The firm owned 3,182 shares of the company’s stock after acquiring an additional 424 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares U.S. Utilities ETF were worth $325,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. International Assets Investment Management LLC purchased a new position in iShares U.S. Utilities ETF in the second quarter valued at about $29,000. Chris Bulman Inc acquired a new position in iShares U.S. Utilities ETF during the 2nd quarter worth $33,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of iShares U.S. Utilities ETF in the 2nd quarter worth about $62,000. Trilogy Capital Inc. acquired a new stake in iShares U.S. Utilities ETF during the third quarter valued at approximately $206,000. Finally, Rede Wealth LLC bought a new position in iShares U.S. Utilities ETF during the third quarter worth $212,000.

iShares U.S. Utilities ETF Stock Down 0.0 %

Shares of NYSEARCA IDU opened at $100.19 on Thursday. The stock has a market capitalization of $1.08 billion, a P/E ratio of 25.14 and a beta of 0.48. The firm’s 50-day moving average price is $100.74 and its two-hundred day moving average price is $94.59. iShares U.S. Utilities ETF has a 52-week low of $75.93 and a 52-week high of $104.15.

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.