Lifestyle Asset Management Inc. boosted its holdings in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report) by 96.2% during the fourth quarter, Holdings Channel reports. The firm owned 28,852 shares of the company’s stock after acquiring an additional 14,145 shares during the quarter. iShares U.S. Utilities ETF makes up about 1.0% of Lifestyle Asset Management Inc.’s investment portfolio, making the stock its 22nd biggest position. Lifestyle Asset Management Inc.’s holdings in iShares U.S. Utilities ETF were worth $3,126,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of IDU. Gamco Investors INC. ET AL bought a new stake in iShares U.S. Utilities ETF during the 2nd quarter valued at approximately $269,000. Qube Research & Technologies Ltd boosted its position in iShares U.S. Utilities ETF by 99.8% during the 2nd quarter. Qube Research & Technologies Ltd now owns 2,146 shares of the company’s stock valued at $224,000 after acquiring an additional 1,072 shares in the last quarter. NewEdge Advisors LLC boosted its position in iShares U.S. Utilities ETF by 1.2% during the 2nd quarter. NewEdge Advisors LLC now owns 20,855 shares of the company’s stock valued at $2,181,000 after acquiring an additional 244 shares in the last quarter. Quantinno Capital Management LP boosted its position in iShares U.S. Utilities ETF by 58.2% during the 2nd quarter. Quantinno Capital Management LP now owns 6,455 shares of the company’s stock valued at $675,000 after acquiring an additional 2,374 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its position in iShares U.S. Utilities ETF by 8.6% during the 2nd quarter. Raymond James Financial Inc. now owns 205,135 shares of the company’s stock valued at $21,451,000 after acquiring an additional 16,173 shares in the last quarter.
iShares U.S. Utilities ETF Stock Performance
iShares U.S. Utilities ETF stock opened at $111.30 on Friday. The stock’s 50 day simple moving average is $114.89 and its two-hundred day simple moving average is $113.17. The stock has a market cap of $1.52 billion, a price-to-earnings ratio of 21.72 and a beta of 0.58. iShares U.S. Utilities ETF has a fifty-two week low of $102.22 and a fifty-two week high of $120.82.
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.
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