Field & Main Bank lessened its stake in iShares US Utilities ETF (NYSEARCA:IDU) by 6.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,630 shares of the company’s stock after selling 400 shares during the quarter. Field & Main Bank owned 0.06% of iShares US Utilities ETF worth $444,000 at the end of the most recent reporting period.
Other institutional investors also recently added to or reduced their stakes in the company. SRS Capital Advisors Inc. acquired a new position in shares of iShares US Utilities ETF in the second quarter valued at approximately $25,000. Koshinski Asset Management Inc. bought a new stake in shares of iShares US Utilities ETF in the third quarter worth $27,000. Selective Wealth Management Inc. bought a new stake in shares of iShares US Utilities ETF in the second quarter worth $31,000. Ameritas Investment Company LLC bought a new stake in shares of iShares US Utilities ETF in the first quarter worth $34,000. Finally, Arkadios Wealth Advisors lifted its position in shares of iShares US Utilities ETF by 37.8% in the second quarter. Arkadios Wealth Advisors now owns 911 shares of the company’s stock worth $71,000 after purchasing an additional 250 shares in the last quarter.
Shares of IDU stock traded up $0.04 during trading on Thursday, reaching $84.40. The company’s stock had a trading volume of 23,526 shares, compared to its average volume of 57,609. The business has a fifty day moving average price of $82.13 and a 200-day moving average price of $82.03. iShares US Utilities ETF has a one year low of $72.38 and a one year high of $86.29.
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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