CacheTech Inc. Has $332,000 Position in iShares U.S. Utilities ETF $IDU

CacheTech Inc. lowered its stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 91.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,177 shares of the company’s stock after selling 34,829 shares during the quarter. CacheTech Inc.’s holdings in iShares U.S. Utilities ETF were worth $332,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in IDU. Garrison Point Advisors LLC raised its position in shares of iShares U.S. Utilities ETF by 1.5% during the 2nd quarter. Garrison Point Advisors LLC now owns 6,948 shares of the company’s stock valued at $727,000 after acquiring an additional 100 shares during the last quarter. Family Firm Inc. raised its position in shares of iShares U.S. Utilities ETF by 0.5% during the second quarter. Family Firm Inc. now owns 22,364 shares of the company’s stock worth $2,339,000 after purchasing an additional 116 shares during the period. Rise Advisors LLC lifted its holdings in shares of iShares U.S. Utilities ETF by 12.4% during the 2nd quarter. Rise Advisors LLC now owns 1,274 shares of the company’s stock valued at $133,000 after purchasing an additional 141 shares in the last quarter. Sigma Planning Corp boosted its holdings in shares of iShares U.S. Utilities ETF by 3.5% in the second quarter. Sigma Planning Corp now owns 6,393 shares of the company’s stock valued at $669,000 after buying an additional 214 shares during the period. Finally, Mutual Advisors LLC lifted its position in iShares U.S. Utilities ETF by 3.7% in the 2nd quarter. Mutual Advisors LLC now owns 6,591 shares of the company’s stock valued at $712,000 after acquiring an additional 236 shares in the last quarter.

iShares U.S. Utilities ETF Price Performance

IDU opened at $108.59 on Monday. The company has a market capitalization of $1.47 billion, a price-to-earnings ratio of 21.72 and a beta of 0.61. The business’s 50-day moving average price is $112.56 and its two-hundred day moving average price is $108.96. iShares U.S. Utilities ETF has a 1 year low of $91.91 and a 1 year high of $117.74.

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.