iShares U.S. Utilities ETF $IDU Shares Sold by Westerkirk Capital Inc.

Westerkirk Capital Inc. lessened its holdings in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 53.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,451 shares of the company’s stock after selling 6,329 shares during the period. Westerkirk Capital Inc.’s holdings in iShares U.S. Utilities ETF were worth $591,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Cerity Partners LLC raised its position in shares of iShares U.S. Utilities ETF by 1.8% during the 4th quarter. Cerity Partners LLC now owns 17,611 shares of the company’s stock worth $1,908,000 after acquiring an additional 309 shares in the last quarter. LPL Financial LLC raised its position in shares of iShares U.S. Utilities ETF by 14.0% during the 4th quarter. LPL Financial LLC now owns 411,813 shares of the company’s stock worth $44,624,000 after acquiring an additional 50,692 shares in the last quarter. O Shaughnessy Asset Management LLC raised its position in shares of iShares U.S. Utilities ETF by 18.5% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 2,866 shares of the company’s stock worth $311,000 after acquiring an additional 447 shares in the last quarter. Milestone Investment Advisors LLC purchased a new position in iShares U.S. Utilities ETF during the 4th quarter worth approximately $102,000. Finally, Lifestyle Asset Management Inc. grew its stake in iShares U.S. Utilities ETF by 96.2% during the 4th quarter. Lifestyle Asset Management Inc. now owns 28,852 shares of the company’s stock worth $3,126,000 after buying an additional 14,145 shares during the last quarter.

iShares U.S. Utilities ETF Stock Up 1.2%

NYSEARCA:IDU opened at $111.52 on Wednesday. The stock’s 50 day moving average price is $114.68 and its 200 day moving average price is $113.16. The company has a market capitalization of $1.53 billion, a PE ratio of 21.72 and a beta of 0.58. iShares U.S. Utilities ETF has a 52-week low of $102.22 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.