UMB Bank n.a. Lowers Stock Position in iShares U.S. Utilities ETF $IDU

UMB Bank n.a. trimmed its stake in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 43.8% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 675 shares of the company’s stock after selling 525 shares during the period. UMB Bank n.a.’s holdings in iShares U.S. Utilities ETF were worth $71,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Summit Financial Consulting LLC acquired a new stake in iShares U.S. Utilities ETF in the 2nd quarter valued at approximately $5,535,000. WealthCare Investment Partners LLC boosted its position in shares of iShares U.S. Utilities ETF by 10.2% during the second quarter. WealthCare Investment Partners LLC now owns 15,366 shares of the company’s stock worth $1,609,000 after buying an additional 1,424 shares during the period. Rise Advisors LLC grew its stake in shares of iShares U.S. Utilities ETF by 12.4% in the second quarter. Rise Advisors LLC now owns 1,274 shares of the company’s stock valued at $133,000 after buying an additional 141 shares in the last quarter. HBW Advisory Services LLC grew its stake in shares of iShares U.S. Utilities ETF by 30.2% in the second quarter. HBW Advisory Services LLC now owns 5,951 shares of the company’s stock valued at $622,000 after buying an additional 1,379 shares in the last quarter. Finally, Wealth Management Associates Inc. lifted its stake in iShares U.S. Utilities ETF by 9.8% during the 1st quarter. Wealth Management Associates Inc. now owns 6,851 shares of the company’s stock worth $695,000 after acquiring an additional 614 shares in the last quarter.

iShares U.S. Utilities ETF Price Performance

Shares of iShares U.S. Utilities ETF stock opened at $108.65 on Friday. The stock has a market capitalization of $1.49 billion, a price-to-earnings ratio of 21.72 and a beta of 0.53. The business has a 50-day moving average of $108.39 and a 200 day moving average of $104.36. iShares U.S. Utilities ETF has a 12 month low of $91.91 and a 12 month high of $111.38.

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.