Astoria Portfolio Advisors LLC. Buys New Shares in iShares U.S. Utilities ETF $IDU

Astoria Portfolio Advisors LLC. acquired a new stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,502 shares of the company’s stock, valued at approximately $642,000.

A number of other hedge funds also recently bought and sold shares of IDU. Strive Financial Group LLC purchased a new position in shares of iShares U.S. Utilities ETF during the fourth quarter worth approximately $30,000. Arax Advisory Partners purchased a new stake in shares of iShares U.S. Utilities ETF in the 4th quarter valued at $31,000. BOKF NA bought a new position in shares of iShares U.S. Utilities ETF during the 3rd quarter valued at $35,000. IFP Advisors Inc raised its position in iShares U.S. Utilities ETF by 224.0% in the 3rd quarter. IFP Advisors Inc now owns 405 shares of the company’s stock worth $45,000 after purchasing an additional 280 shares during the period. Finally, AlphaCore Capital LLC purchased a new position in iShares U.S. Utilities ETF in the 4th quarter worth $62,000.

iShares U.S. Utilities ETF Price Performance

iShares U.S. Utilities ETF stock opened at $115.75 on Friday. The firm has a fifty day simple moving average of $113.62 and a two-hundred day simple moving average of $113.51. iShares U.S. Utilities ETF has a twelve month low of $102.91 and a twelve month high of $120.82. The company has a market capitalization of $1.41 billion, a PE ratio of 21.72 and a beta of 0.58.

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.