Moors & Cabot Inc. decreased its position in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU – Get Rating) by 6.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,156 shares of the company’s stock after selling 222 shares during the quarter. Moors & Cabot Inc.’s holdings in iShares U.S. Utilities ETF were worth $273,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Mendota Financial Group LLC purchased a new position in iShares U.S. Utilities ETF during the fourth quarter valued at approximately $25,000. First Command Bank purchased a new position in iShares U.S. Utilities ETF during the fourth quarter valued at approximately $32,000. Concord Wealth Partners purchased a new position in iShares U.S. Utilities ETF during the fourth quarter valued at approximately $33,000. Global Retirement Partners LLC increased its position in shares of iShares U.S. Utilities ETF by 142.1% in the third quarter. Global Retirement Partners LLC now owns 443 shares of the company’s stock valued at $37,000 after buying an additional 260 shares in the last quarter. Finally, M&R Capital Management Inc. purchased a new stake in shares of iShares U.S. Utilities ETF in the fourth quarter valued at approximately $38,000.
iShares U.S. Utilities ETF Price Performance
iShares U.S. Utilities ETF stock opened at $81.81 on Monday. iShares U.S. Utilities ETF has a 12 month low of $74.96 and a 12 month high of $96.00. The stock has a market capitalization of $969.45 million, a PE ratio of 24.05 and a beta of 0.53. The business has a 50 day simple moving average of $83.92 and a 200-day simple moving average of $84.62.
iShares U.S. Utilities ETF 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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