Private Advisor Group LLC Has $1.56 Million Position in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Private Advisor Group LLC trimmed its holdings in iShares U.S. Utilities ETF (NYSEARCA:IDUFree Report) by 14.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,466 shares of the company’s stock after selling 3,206 shares during the quarter. Private Advisor Group LLC owned about 0.18% of iShares U.S. Utilities ETF worth $1,561,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in IDU. Modera Wealth Management LLC bought a new position in shares of iShares U.S. Utilities ETF during the 3rd quarter worth approximately $8,792,000. Capital Investment Advisors LLC grew its holdings in iShares U.S. Utilities ETF by 2.9% in the fourth quarter. Capital Investment Advisors LLC now owns 8,121 shares of the company’s stock worth $649,000 after purchasing an additional 231 shares during the period. Retirement Planning Group LLC acquired a new stake in iShares U.S. Utilities ETF in the fourth quarter worth $200,000. Raymond James Financial Services Advisors Inc. increased its stake in iShares U.S. Utilities ETF by 2.2% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 97,706 shares of the company’s stock valued at $7,810,000 after purchasing an additional 2,070 shares in the last quarter. Finally, Derbend Asset Management acquired a new position in shares of iShares U.S. Utilities ETF during the fourth quarter valued at about $1,648,000.

iShares U.S. Utilities ETF Price Performance

Shares of IDU opened at $88.51 on Wednesday. iShares U.S. Utilities ETF has a one year low of $68.87 and a one year high of $92.69. The company has a market cap of $951.48 million, a PE ratio of 25.14 and a beta of 0.48. The stock has a 50-day moving average of $89.66 and a 200-day moving average of $83.89.

iShares U.S. Utilities ETF 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.

See Also

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

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