Sigma Planning Corp boosted its stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report) by 13.1% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 6,254 shares of the company’s stock after purchasing an additional 726 shares during the period. Sigma Planning Corp owned approximately 0.06% of iShares U.S. Utilities ETF worth $638,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IDU. Envestnet Portfolio Solutions Inc. grew its position in iShares U.S. Utilities ETF by 10.2% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 2,792 shares of the company’s stock worth $236,000 after purchasing an additional 259 shares during the period. B. Riley Wealth Advisors Inc. grew its position in iShares U.S. Utilities ETF by 39.1% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 3,724 shares of the company’s stock worth $315,000 after purchasing an additional 1,046 shares during the period. Jaffetilchin Investment Partners LLC grew its position in shares of iShares U.S. Utilities ETF by 31.2% during the 1st quarter. Jaffetilchin Investment Partners LLC now owns 8,653 shares of the company’s stock valued at $731,000 after acquiring an additional 2,059 shares during the period. Cetera Investment Advisers increased its stake in shares of iShares U.S. Utilities ETF by 155.1% in the 1st quarter. Cetera Investment Advisers now owns 21,499 shares of the company’s stock valued at $1,817,000 after purchasing an additional 13,070 shares in the last quarter. Finally, Cetera Advisors LLC acquired a new position in iShares U.S. Utilities ETF in the 1st quarter worth about $821,000.
iShares U.S. Utilities ETF Trading Down 0.6 %
NYSEARCA IDU opened at $99.56 on Friday. The stock has a market capitalization of $1.07 billion, a price-to-earnings ratio of 25.14 and a beta of 0.48. iShares U.S. Utilities ETF has a twelve month low of $75.93 and a twelve month high of $104.15. The stock has a 50-day moving average of $100.78 and a 200 day moving average of $94.63.
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.
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