Huntington National Bank boosted its position in shares of iShares US Utilities ETF (NYSEARCA:IDU) by 6.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,782 shares of the company’s stock after purchasing an additional 917 shares during the period. Huntington National Bank’s holdings in iShares US Utilities ETF were worth $2,073,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. increased its holdings in iShares US Utilities ETF by 583.3% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 205 shares of the company’s stock worth $28,000 after purchasing an additional 175 shares in the last quarter. Bartlett & Co. LLC bought a new position in iShares US Utilities ETF during the 1st quarter worth about $28,000. Westside Investment Management Inc. bought a new position in iShares US Utilities ETF during the 1st quarter worth about $37,000. Harwood Advisory Group LLC bought a new position in iShares US Utilities ETF during the 1st quarter worth about $44,000. Finally, Ellis Investment Partners LLC bought a new position in iShares US Utilities ETF during the 2nd quarter worth about $47,000.
IDU stock opened at $150.33 on Friday. The stock has a 50-day moving average price of $144.47 and a two-hundred day moving average price of $150.30. iShares US Utilities ETF has a 1 year low of $109.28 and a 1 year high of $177.36.
iShares US 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.
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