International Assets Investment Management LLC Buys Shares of 26,286 iShares U.S. Utilities ETF (NYSEARCA:IDU)

International Assets Investment Management LLC bought a new stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 26,286 shares of the company’s stock, valued at approximately $2,101,000.

Other large investors have also recently bought and sold shares of the company. Coppell Advisory Solutions LLC acquired a new stake in iShares U.S. Utilities ETF during the 2nd quarter valued at $26,000. Qube Research & Technologies Ltd acquired a new stake in shares of iShares U.S. Utilities ETF during the third quarter worth $29,000. Laurel Wealth Advisors LLC boosted its holdings in shares of iShares U.S. Utilities ETF by 29.0% during the third quarter. Laurel Wealth Advisors LLC now owns 668 shares of the company’s stock worth $49,000 after purchasing an additional 150 shares during the last quarter. ICA Group Wealth Management LLC acquired a new stake in shares of iShares U.S. Utilities ETF during the fourth quarter worth $60,000. Finally, Strategic Investment Solutions Inc. IL acquired a new stake in shares of iShares U.S. Utilities ETF during the first quarter worth $63,000.

iShares U.S. Utilities ETF Stock Up 1.4 %

IDU stock opened at $83.87 on Friday. iShares U.S. Utilities ETF has a 52-week low of $68.87 and a 52-week high of $86.54. The stock’s fifty day simple moving average is $81.49 and its 200-day simple moving average is $78.80. The stock has a market capitalization of $901.60 million, a price-to-earnings ratio of 22.50 and a beta of 0.53.

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.