Bank of Montreal Can Boosts Position in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Bank of Montreal Can boosted its holdings in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 13.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 3,540 shares of the company’s stock after purchasing an additional 417 shares during the period. Bank of Montreal Can’s holdings in iShares U.S. Utilities ETF were worth $341,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Saxony Capital Management LLC raised its stake in shares of iShares U.S. Utilities ETF by 7.4% during the 4th quarter. Saxony Capital Management LLC now owns 3,088 shares of the company’s stock worth $297,000 after buying an additional 212 shares during the last quarter. Bank of New York Mellon Corp raised its stake in iShares U.S. Utilities ETF by 0.4% during the fourth quarter. Bank of New York Mellon Corp now owns 66,235 shares of the company’s stock valued at $6,373,000 after buying an additional 249 shares in the last quarter. Vertex Planning Partners LLC boosted its holdings in shares of iShares U.S. Utilities ETF by 14.8% in the 4th quarter. Vertex Planning Partners LLC now owns 2,371 shares of the company’s stock valued at $228,000 after buying an additional 306 shares during the period. WESPAC Advisors LLC increased its holdings in shares of iShares U.S. Utilities ETF by 20.4% in the 4th quarter. WESPAC Advisors LLC now owns 3,562 shares of the company’s stock worth $343,000 after acquiring an additional 604 shares during the period. Finally, Moloney Securities Asset Management LLC lifted its holdings in iShares U.S. Utilities ETF by 0.8% in the fourth quarter. Moloney Securities Asset Management LLC now owns 84,082 shares of the company’s stock worth $8,089,000 after purchasing an additional 688 shares during the period.

iShares U.S. Utilities ETF Trading Up 0.2 %

Shares of IDU opened at $100.69 on Thursday. The business’s 50-day moving average price is $99.90 and its 200 day moving average price is $100.01. iShares U.S. Utilities ETF has a 1-year low of $84.36 and a 1-year high of $106.16. The stock has a market capitalization of $1.40 billion, a P/E ratio of 20.01 and a beta of 0.57.

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.