Clal Insurance Enterprises Holdings Ltd Buys New Shares in iShares U.S. Utilities ETF $IDU

Clal Insurance Enterprises Holdings Ltd bought a new stake in iShares U.S. Utilities ETF (NYSEARCA:IDU) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 10,000 shares of the company’s stock, valued at approximately $1,084,000. Clal Insurance Enterprises Holdings Ltd owned about 0.08% of iShares U.S. Utilities ETF at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Assetmark Inc. increased its stake in iShares U.S. Utilities ETF by 25.6% in the third quarter. Assetmark Inc. now owns 490 shares of the company’s stock valued at $54,000 after purchasing an additional 100 shares during the last quarter. Money Concepts Capital Corp increased its stake in iShares U.S. Utilities ETF by 3.3% in the fourth quarter. Money Concepts Capital Corp now owns 4,055 shares of the company’s stock valued at $439,000 after purchasing an additional 131 shares during the last quarter. Wealth Management Associates Inc. increased its stake in iShares U.S. Utilities ETF by 2.2% in the fourth quarter. Wealth Management Associates Inc. now owns 7,914 shares of the company’s stock valued at $858,000 after purchasing an additional 167 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in iShares U.S. Utilities ETF by 0.7% in the third quarter. PNC Financial Services Group Inc. now owns 26,971 shares of the company’s stock valued at $2,991,000 after purchasing an additional 175 shares during the last quarter. Finally, Midwest Trust Co increased its stake in iShares U.S. Utilities ETF by 9.1% in the third quarter. Midwest Trust Co now owns 2,092 shares of the company’s stock valued at $232,000 after purchasing an additional 175 shares during the last quarter.

iShares U.S. Utilities ETF Trading Up 1.1%

iShares U.S. Utilities ETF stock opened at $112.58 on Friday. The firm has a market capitalization of $1.54 billion, a P/E ratio of 21.72 and a beta of 0.58. The stock has a fifty day moving average price of $114.41 and a 200 day moving average price of $113.15. iShares U.S. Utilities ETF has a 52 week low of $102.22 and a 52 week high of $120.82.

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.