Wealth Enhancement Advisory Services LLC Lowers Holdings in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Wealth Enhancement Advisory Services LLC lowered its stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 2.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,716 shares of the company’s stock after selling 240 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in iShares U.S. Utilities ETF were worth $1,093,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Independence Bank of Kentucky grew its position in iShares U.S. Utilities ETF by 2.3% during the third quarter. Independence Bank of Kentucky now owns 6,979 shares of the company’s stock valued at $712,000 after acquiring an additional 160 shares during the period. Holderness Investments Co. lifted its stake in shares of iShares U.S. Utilities ETF by 1.3% in the 2nd quarter. Holderness Investments Co. now owns 13,917 shares of the company’s stock valued at $1,223,000 after purchasing an additional 179 shares in the last quarter. HBW Advisory Services LLC grew its holdings in shares of iShares U.S. Utilities ETF by 4.1% during the 3rd quarter. HBW Advisory Services LLC now owns 5,018 shares of the company’s stock worth $512,000 after purchasing an additional 197 shares during the period. EP Wealth Advisors LLC increased its position in iShares U.S. Utilities ETF by 7.2% during the 3rd quarter. EP Wealth Advisors LLC now owns 4,784 shares of the company’s stock worth $488,000 after purchasing an additional 323 shares in the last quarter. Finally, Koshinski Asset Management Inc. raised its holdings in iShares U.S. Utilities ETF by 3.8% in the third quarter. Koshinski Asset Management Inc. now owns 11,182 shares of the company’s stock valued at $1,141,000 after buying an additional 406 shares during the period.

iShares U.S. Utilities ETF Stock Up 1.4 %

Shares of IDU stock opened at $97.73 on Thursday. iShares U.S. Utilities ETF has a fifty-two week low of $75.93 and a fifty-two week high of $106.16. The firm’s 50 day moving average price is $99.47 and its two-hundred day moving average price is $97.62. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 25.14 and a beta of 0.48.

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.