OneDigital Investment Advisors LLC Acquires New Position in iShares U.S. Utilities ETF (NYSEARCA:IDU)

OneDigital Investment Advisors LLC bought a new position in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) during the third quarter, HoldingsChannel reports. The firm bought 6,279 shares of the company’s stock, valued at approximately $641,000.

Other hedge funds also recently made changes to their positions in the company. Apollon Wealth Management LLC lifted its position in shares of iShares U.S. Utilities ETF by 1,289.0% in the 3rd quarter. Apollon Wealth Management LLC now owns 132,123 shares of the company’s stock worth $13,479,000 after buying an additional 122,611 shares during the last quarter. Axxcess Wealth Management LLC lifted its holdings in iShares U.S. Utilities ETF by 15.4% in the third quarter. Axxcess Wealth Management LLC now owns 3,182 shares of the company’s stock worth $325,000 after acquiring an additional 424 shares during the last quarter. Sigma Planning Corp boosted its stake in iShares U.S. Utilities ETF by 13.1% in the third quarter. Sigma Planning Corp now owns 6,254 shares of the company’s stock valued at $638,000 after acquiring an additional 726 shares during the period. Crumly & Associates Inc. bought a new position in shares of iShares U.S. Utilities ETF during the third quarter valued at approximately $4,137,000. Finally, Bensler LLC raised its position in shares of iShares U.S. Utilities ETF by 19.7% during the 3rd quarter. Bensler LLC now owns 225,859 shares of the company’s stock worth $23,042,000 after purchasing an additional 37,200 shares during the period.

iShares U.S. Utilities ETF Price Performance

NYSEARCA:IDU opened at $102.15 on Wednesday. The firm has a market capitalization of $1.10 billion, a P/E ratio of 25.14 and a beta of 0.48. The business has a 50 day simple moving average of $101.04 and a 200 day simple moving average of $95.06. iShares U.S. Utilities ETF has a 12-month low of $75.93 and a 12-month high of $104.15.

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.