US Bancorp DE Acquires 191 Shares of iShares U.S. Utilities ETF (NYSEARCA:IDU)

US Bancorp DE boosted its holdings in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 12.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,737 shares of the company’s stock after acquiring an additional 191 shares during the quarter. US Bancorp DE’s holdings in iShares U.S. Utilities ETF were worth $176,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital A Wealth Management LLC acquired a new position in iShares U.S. Utilities ETF during the 4th quarter worth approximately $44,000. Farther Finance Advisors LLC increased its position in shares of iShares U.S. Utilities ETF by 886.5% during the first quarter. Farther Finance Advisors LLC now owns 878 shares of the company’s stock valued at $89,000 after acquiring an additional 789 shares during the last quarter. Laurel Wealth Advisors LLC grew its holdings in iShares U.S. Utilities ETF by 34.5% during the first quarter. Laurel Wealth Advisors LLC now owns 900 shares of the company’s stock valued at $91,000 after purchasing an additional 231 shares during the period. UMB Bank n.a. grew its holdings in iShares U.S. Utilities ETF by 112.4% during the first quarter. UMB Bank n.a. now owns 1,200 shares of the company’s stock valued at $122,000 after purchasing an additional 635 shares during the period. Finally, Picton Mahoney Asset Management grew its position in shares of iShares U.S. Utilities ETF by 33.3% in the first quarter. Picton Mahoney Asset Management now owns 1,200 shares of the company’s stock valued at $121,000 after purchasing an additional 300 shares in the last quarter.

iShares U.S. Utilities ETF Stock Down 0.3%

Shares of IDU stock opened at $109.01 on Friday. The business has a 50-day moving average price of $106.24 and a two-hundred day moving average price of $102.91. iShares U.S. Utilities ETF has a 12-month low of $91.91 and a 12-month high of $111.38. The firm has a market cap of $1.50 billion, a P/E ratio of 21.72 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.