Grant Private Wealth Management Inc bought a new stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 4,879 shares of the company’s stock, valued at approximately $541,000.
Several other large investors have also recently made changes to their positions in the business. Cambridge Financial Group LLC purchased a new stake in shares of iShares U.S. Utilities ETF in the 3rd quarter worth approximately $210,000. Osaic Holdings Inc. raised its stake in iShares U.S. Utilities ETF by 72.0% during 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 last quarter. Thrivent Financial for Lutherans bought a new stake in iShares U.S. Utilities ETF in the second quarter worth $263,000. B. Riley Wealth Advisors Inc. bought a new stake in iShares U.S. Utilities ETF in the second quarter worth $372,000. Finally, Geneos Wealth Management Inc. grew its stake in shares of iShares U.S. Utilities ETF by 200.0% in the second quarter. Geneos Wealth Management Inc. now owns 14,232 shares of the company’s stock worth $1,488,000 after acquiring an additional 9,488 shares during the last quarter.
iShares U.S. Utilities ETF Price Performance
Shares of NYSEARCA:IDU opened at $108.52 on Wednesday. The business has a fifty day moving average price of $112.37 and a 200-day moving average price of $109.02. The company has a market capitalization of $1.47 billion, a PE ratio of 21.72 and a beta of 0.61. 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 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.
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