Commonwealth Equity Services LLC Boosts Stake in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Commonwealth Equity Services LLC lifted its holdings in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 11.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 124,841 shares of the company’s stock after buying an additional 12,692 shares during the quarter. Commonwealth Equity Services LLC owned 1.16% of iShares U.S. Utilities ETF worth $10,971,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. International Assets Investment Management LLC acquired a new position in iShares U.S. Utilities ETF during the fourth quarter worth $2,101,000. U.S. Capital Wealth Advisors LLC acquired a new position in iShares U.S. Utilities ETF during the fourth quarter worth $211,000. Private Advisor Group LLC raised its holdings in iShares U.S. Utilities ETF by 4.1% during the fourth quarter. Private Advisor Group LLC now owns 21,672 shares of the company’s stock worth $1,732,000 after purchasing an additional 852 shares during the last quarter. Lincoln National Corp raised its holdings in iShares U.S. Utilities ETF by 344.1% during the fourth quarter. Lincoln National Corp now owns 17,350 shares of the company’s stock worth $1,387,000 after purchasing an additional 13,443 shares during the last quarter. Finally, Simmons Bank raised its holdings in iShares U.S. Utilities ETF by 4.4% during the fourth quarter. Simmons Bank now owns 11,865 shares of the company’s stock worth $948,000 after purchasing an additional 500 shares during the last quarter.

iShares U.S. Utilities ETF Stock Up 0.8 %

NYSEARCA IDU opened at $97.74 on Thursday. iShares U.S. Utilities ETF has a fifty-two week low of $68.87 and a fifty-two week high of $98.32. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 25.14 and a beta of 0.48. The business has a fifty day moving average of $92.54 and a 200-day moving average of $88.12.

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.