Croban Acquires 359 Shares of iShares U.S. Utilities ETF $IDU

Croban raised its holdings in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 1.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 30,532 shares of the company’s stock after buying an additional 359 shares during the quarter. iShares U.S. Utilities ETF accounts for 2.7% of Croban’s investment portfolio, making the stock its 7th largest holding. Croban owned about 0.23% of iShares U.S. Utilities ETF worth $3,193,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Wealthstar Advisors LLC lifted its stake in iShares U.S. Utilities ETF by 17.8% in the second quarter. Wealthstar Advisors LLC now owns 22,040 shares of the company’s stock valued at $2,305,000 after buying an additional 3,336 shares during the period. Valmark Advisers Inc. acquired a new position in iShares U.S. Utilities ETF in the second quarter valued at approximately $204,000. CPR Investments Inc. lifted its stake in iShares U.S. Utilities ETF by 3.8% in the second quarter. CPR Investments Inc. now owns 27,352 shares of the company’s stock valued at $2,860,000 after buying an additional 989 shares during the period. Ameritas Advisory Services LLC acquired a new position in iShares U.S. Utilities ETF in the second quarter valued at approximately $136,000. Finally, Yeomans Consulting Group Inc. acquired a new position in iShares U.S. Utilities ETF in the second quarter valued at approximately $1,008,000.

iShares U.S. Utilities ETF Stock Performance

Shares of IDU opened at $113.93 on Friday. iShares U.S. Utilities ETF has a 52-week low of $91.91 and a 52-week high of $115.36. The business’s 50 day moving average price is $109.37 and its two-hundred day moving average price is $105.30. The firm has a market cap of $1.53 billion, a PE ratio of 21.72 and a beta of 0.53.

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.