iShares U.S. Utilities ETF (NYSEARCA:IDU) Short Interest Update

iShares U.S. Utilities ETF (NYSEARCA:IDU) was the recipient of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 37,941 shares, a decrease of 58.4% from the July 30th total of 91,205 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 210,136 shares, the short-interest ratio is currently 0.2 days.

iShares U.S. Utilities ETF Stock Performance

IDU traded down $0.97 during trading on Friday, reaching $108.67. The company’s stock had a trading volume of 97,072 shares, compared to its average volume of 176,562. The company’s fifty day moving average price is $113.41 and its 200-day moving average price is $114.65. iShares U.S. Utilities ETF has a 52-week low of $105.06 and a 52-week high of $120.82. The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of 21.72 and a beta of 0.58.

Institutional Trading of iShares U.S. Utilities ETF

A number of institutional investors have recently modified their holdings of the business. Johnson Investment Counsel Inc. lifted its stake in iShares U.S. Utilities ETF by 3.1% during the fourth quarter. Johnson Investment Counsel Inc. now owns 3,283 shares of the company’s stock worth $356,000 after purchasing an additional 100 shares during the last quarter. IHT Wealth Management LLC increased its stake in shares of iShares U.S. Utilities ETF by 5.8% in the fourth quarter. IHT Wealth Management LLC now owns 1,966 shares of the company’s stock valued at $213,000 after purchasing an additional 108 shares during the period. Money Concepts Capital Corp grew its stake in shares of iShares U.S. Utilities ETF by 3.3% in the fourth quarter. Money Concepts Capital Corp now owns 4,055 shares of the company’s stock worth $439,000 after purchasing an additional 131 shares in the last quarter. XML Financial LLC boosted its holdings in shares of iShares U.S. Utilities ETF by 7.5% in the second quarter. XML Financial LLC now owns 2,173 shares of the company’s stock valued at $249,000 after acquiring an additional 152 shares in the last quarter. Finally, Sei Investments Co. grew its stake in shares of iShares U.S. Utilities ETF by 2.7% in the 1st quarter. Sei Investments Co. now owns 6,355 shares of the company’s stock worth $738,000 after purchasing an additional 167 shares during the last quarter.

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.