14,507 Shares in iShares U.S. Utilities ETF $IDU Purchased by Fifth Third Securities Inc.

Fifth Third Securities Inc. purchased a new position in iShares U.S. Utilities ETF (NYSEARCA:IDU) during the 3rd quarter, HoldingsChannel reports. The firm purchased 14,507 shares of the company’s stock, valued at approximately $1,463,000.

Several other institutional investors also recently added to or reduced their stakes in the business. XML Financial LLC lifted its holdings in shares of iShares U.S. Utilities ETF by 7.5% during the second quarter. XML Financial LLC now owns 2,173 shares of the company’s stock worth $249,000 after buying an additional 152 shares during the last quarter. Sei Investments Co. raised its stake in iShares U.S. Utilities ETF by 2.7% during the 1st quarter. Sei Investments Co. now owns 6,355 shares of the company’s stock valued at $738,000 after purchasing an additional 167 shares during the last quarter. CacheTech Inc. raised its stake in iShares U.S. Utilities ETF by 5.5% during the 1st quarter. CacheTech Inc. now owns 3,720 shares of the company’s stock valued at $432,000 after purchasing an additional 194 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in iShares U.S. Utilities ETF by 11.1% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 2,057 shares of the company’s stock valued at $236,000 after purchasing an additional 206 shares during the period. Finally, Advisors Management Group Inc. ADV boosted its holdings in iShares U.S. Utilities ETF by 1.0% in the 1st quarter. Advisors Management Group Inc. ADV now owns 20,980 shares of the company’s stock valued at $2,436,000 after purchasing an additional 216 shares during the period.

iShares U.S. Utilities ETF Price Performance

NYSEARCA IDU opened at $109.84 on Friday. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 21.72 and a beta of 0.56. The company’s fifty day moving average is $106.74 and its two-hundred day moving average is $111.54. iShares U.S. Utilities ETF has a 52-week low of $100.00 and a 52-week high of $120.82.

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.