PNC Financial Services Group Inc. Sells 903 Shares of iShares U.S. Utilities ETF (NYSEARCA:IDU)

PNC Financial Services Group Inc. reduced its position in iShares U.S. Utilities ETF (NYSEARCA:IDUFree Report) by 2.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,852 shares of the company’s stock after selling 903 shares during the quarter. PNC Financial Services Group Inc. owned about 0.28% of iShares U.S. Utilities ETF worth $2,386,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of IDU. Wetzel Investment Advisors Inc. acquired a new stake in shares of iShares U.S. Utilities ETF in the 4th quarter valued at approximately $41,000. Laurel Wealth Advisors LLC boosted its position in iShares U.S. Utilities ETF by 29.0% during the 3rd quarter. Laurel Wealth Advisors LLC now owns 668 shares of the company’s stock worth $49,000 after buying an additional 150 shares during the period. Capital Analysts LLC acquired a new stake in iShares U.S. Utilities ETF during the 4th quarter worth approximately $72,000. Atlantic Edge Private Wealth Management LLC acquired a new stake in iShares U.S. Utilities ETF during the 4th quarter worth approximately $139,000. Finally, Principal Securities Inc. bought a new position in iShares U.S. Utilities ETF during the 4th quarter worth approximately $145,000.

iShares U.S. Utilities ETF Stock Performance

iShares U.S. Utilities ETF stock opened at $91.20 on Monday. iShares U.S. Utilities ETF has a 52-week low of $68.87 and a 52-week high of $92.69. The firm has a 50 day moving average price of $86.09 and a two-hundred day moving average price of $81.48. The firm has a market cap of $980.40 million, a price-to-earnings ratio of 25.14 and a beta of 0.48.

iShares U.S. Utilities ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for iShares U.S. Utilities ETF (NYSEARCA:IDU)

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