CoreCap Advisors LLC Has $3.42 Million Stake in iShares U.S. Utilities ETF $IDU

CoreCap Advisors LLC trimmed its stake in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 36.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 31,598 shares of the company’s stock after selling 18,343 shares during the quarter. CoreCap Advisors LLC’s holdings in iShares U.S. Utilities ETF were worth $3,424,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Elevation Point Wealth Partners LLC purchased a new position in iShares U.S. Utilities ETF during the second quarter valued at approximately $25,000. BOKF NA purchased a new stake in iShares U.S. Utilities ETF in the 3rd quarter worth approximately $35,000. Fifth Third Bancorp purchased a new stake in iShares U.S. Utilities ETF in the 3rd quarter worth approximately $39,000. Rice Partnership LLC acquired a new stake in shares of iShares U.S. Utilities ETF during the 3rd quarter valued at $40,000. Finally, IFP Advisors Inc boosted its stake in shares of iShares U.S. Utilities ETF by 224.0% during the 3rd quarter. IFP Advisors Inc now owns 405 shares of the company’s stock valued at $45,000 after buying an additional 280 shares during the period.

iShares U.S. Utilities ETF Stock Up 0.5%

iShares U.S. Utilities ETF stock opened at $115.34 on Friday. iShares U.S. Utilities ETF has a 12 month low of $91.91 and a 12 month high of $120.82. The stock has a market cap of $1.42 billion, a P/E ratio of 21.72 and a beta of 0.61. The company’s fifty day simple moving average is $114.72 and its 200-day simple moving average is $112.14.

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