Arkadios Wealth Advisors trimmed its position in iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report) by 4.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,143 shares of the company’s stock after selling 174 shares during the quarter. Arkadios Wealth Advisors’ holdings in iShares U.S. Utilities ETF were worth $423,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bensler LLC boosted its holdings in iShares U.S. Utilities ETF by 2,672.0% during the second quarter. Bensler LLC now owns 188,659 shares of the company’s stock valued at $16,579,000 after purchasing an additional 181,853 shares in the last quarter. Pinkerton Retirement Specialists LLC bought a new position in shares of iShares U.S. Utilities ETF during the 2nd quarter worth approximately $8,491,000. Norden Group LLC acquired a new stake in iShares U.S. Utilities ETF in the 2nd quarter valued at $7,168,000. Moloney Securities Asset Management LLC bought a new stake in iShares U.S. Utilities ETF in the second quarter valued at $7,051,000. Finally, Brookstone Capital Management bought a new stake in iShares U.S. Utilities ETF in the second quarter valued at $4,768,000.
iShares U.S. Utilities ETF Stock Performance
Shares of NYSEARCA IDU opened at $100.19 on Thursday. iShares U.S. Utilities ETF has a 52-week low of $73.89 and a 52-week high of $104.15. The business has a fifty day moving average of $100.02 and a two-hundred day moving average of $93.42. The stock has a market cap of $1.08 billion, a PE ratio of 25.14 and a beta of 0.48.
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.
See Also
- Five stocks we like better than iShares U.S. Utilities ETF
- The 3 Best Blue-Chip Stocks to Buy Now
- Boeing: Why Analysts Think Now’s The Time To Be Brave
- Bank Stocks – Best Bank Stocks to Invest In
- Advanced Micro Devices is Building Momentum with AI: Buy the Dip
- When to Sell a Stock for Profit or Loss
- Can Evolv Stock Recover From Its Massive Self-Inflicted Drop?
Want to see what other hedge funds are holding IDU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report).
Receive News & Ratings for iShares U.S. Utilities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Utilities ETF and related companies with MarketBeat.com's FREE daily email newsletter.
