StoneX Group Inc. Buys 8,234 Shares of iShares U.S. Utilities ETF $IDU

StoneX Group Inc. purchased a new stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) during the third quarter, Holdings Channel reports. The fund purchased 8,234 shares of the company’s stock, valued at approximately $856,000.

A number of other large investors have also recently bought and sold shares of the business. Signaturefd LLC bought a new position in shares of iShares U.S. Utilities ETF in the 3rd quarter worth about $35,000. Western Wealth Management LLC bought a new stake in shares of iShares U.S. Utilities ETF during the 1st quarter valued at about $38,000. Matrix Private Capital Group LLC acquired a new stake in iShares U.S. Utilities ETF during the first quarter worth approximately $46,000. Parallel Advisors LLC acquired a new stake in iShares U.S. Utilities ETF during the third quarter worth approximately $51,000. Finally, Trust Co. of Vermont bought a new stake in iShares U.S. Utilities ETF in the second quarter worth approximately $69,000.

iShares U.S. Utilities ETF Stock Performance

Shares of IDU stock opened at $111.82 on Wednesday. iShares U.S. Utilities ETF has a fifty-two week low of $100.00 and a fifty-two week high of $120.82. The stock has a 50 day simple moving average of $106.80 and a two-hundred day simple moving average of $112.35. The company has a market cap of $1.44 billion, a P/E ratio of 21.72 and a beta of 0.54.

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. Its components primarily include utilities companies. BlackRock Fund Advisors acts as an investment adviser of the Fund.