iShares U.S. Utilities ETF $IDU Shares Sold by CoreCap Advisors LLC

CoreCap Advisors LLC lessened its holdings in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 36.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,598 shares of the company’s stock after selling 18,343 shares during the period. CoreCap Advisors LLC owned 0.23% of iShares U.S. Utilities ETF worth $3,424,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in IDU. Sovran Advisors LLC bought a new position in iShares U.S. Utilities ETF during the 3rd quarter valued at $920,000. Brendel Financial Advisors LLC bought a new stake in shares of iShares U.S. Utilities ETF in the 3rd quarter worth $951,000. Commonwealth Equity Services LLC raised its stake in shares of iShares U.S. Utilities ETF by 9.8% in the 3rd quarter. Commonwealth Equity Services LLC now owns 118,733 shares of the company’s stock worth $13,167,000 after buying an additional 10,594 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in shares of iShares U.S. Utilities ETF by 72.0% in the second quarter. Osaic Holdings Inc. now owns 87,941 shares of the company’s stock valued at $9,202,000 after buying an additional 36,800 shares during the period. Finally, Lifestyle Asset Management Inc. acquired a new stake in shares of iShares U.S. Utilities ETF in the third quarter valued at $1,631,000.

iShares U.S. Utilities ETF Stock Up 0.5%

Shares of IDU stock opened at $115.34 on Friday. The stock has a 50-day simple moving average of $114.72 and a 200 day simple moving average of $112.14. The stock has a market capitalization of $1.42 billion, a P/E ratio of 21.72 and a beta of 0.61. iShares U.S. Utilities ETF has a fifty-two week low of $91.91 and a fifty-two week high of $120.82.

About iShares U.S. Utilities ETF

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.