Osaic Holdings Inc. Has $9.20 Million Stock Position in iShares U.S. Utilities ETF $IDU

Osaic Holdings Inc. boosted its position in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 72.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 87,941 shares of the company’s stock after purchasing an additional 36,800 shares during the period. Osaic Holdings Inc. owned about 0.64% of iShares U.S. Utilities ETF worth $9,202,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Elevation Point Wealth Partners LLC bought a new position in shares of iShares U.S. Utilities ETF in the second quarter valued at approximately $25,000. Hilltop National Bank acquired a new stake in iShares U.S. Utilities ETF during the 2nd quarter valued at $38,000. Assetmark Inc. bought a new position in iShares U.S. Utilities ETF in the 2nd quarter valued at $41,000. Rise Advisors LLC boosted its stake in iShares U.S. Utilities ETF by 15.6% in the first quarter. Rise Advisors LLC now owns 1,133 shares of the company’s stock worth $115,000 after purchasing an additional 153 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of iShares U.S. Utilities ETF by 34.1% during the second quarter. Farther Finance Advisors LLC now owns 1,177 shares of the company’s stock worth $123,000 after purchasing an additional 299 shares during the last quarter.

iShares U.S. Utilities ETF Stock Performance

Shares of NYSEARCA:IDU opened at $107.40 on Friday. The business has a fifty day moving average of $111.99 and a 200-day moving average of $109.04. iShares U.S. Utilities ETF has a twelve month low of $91.91 and a twelve month high of $117.74. The firm has a market cap of $1.45 billion, a PE ratio of 21.72 and a beta of 0.61.

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. Its components primarily include utilities companies. BlackRock Fund Advisors acts as an investment adviser of the Fund.