CPR Investments Inc. boosted its stake in iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report) by 3.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,352 shares of the company’s stock after buying an additional 989 shares during the period. iShares U.S. Utilities ETF accounts for approximately 2.2% of CPR Investments Inc.’s investment portfolio, making the stock its 14th largest holding. CPR Investments Inc.’s holdings in iShares U.S. Utilities ETF were worth $2,860,000 at the end of the most recent reporting period.
A number of other hedge funds also recently added to or reduced their stakes in IDU. Wealth Enhancement Advisory Services LLC grew its position in shares of iShares U.S. Utilities ETF by 31.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 14,364 shares of the company’s stock worth $1,382,000 after acquiring an additional 3,408 shares during the last quarter. UMB Bank n.a. grew its position in iShares U.S. Utilities ETF by 112.4% in the 1st quarter. UMB Bank n.a. now owns 1,200 shares of the company’s stock worth $122,000 after purchasing an additional 635 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of iShares U.S. Utilities ETF by 886.5% during the first quarter. Farther Finance Advisors LLC now owns 878 shares of the company’s stock valued at $89,000 after buying an additional 789 shares during the last quarter. CX Institutional acquired a new position in shares of iShares U.S. Utilities ETF during the first quarter worth approximately $165,000. Finally, Laurel Wealth Advisors LLC grew its holdings in iShares U.S. Utilities ETF by 34.5% in the 1st quarter. Laurel Wealth Advisors LLC now owns 900 shares of the company’s stock worth $91,000 after buying an additional 231 shares in the last quarter.
iShares U.S. Utilities ETF Price Performance
Shares of iShares U.S. Utilities ETF stock opened at $112.54 on Monday. iShares U.S. Utilities ETF has a 1-year low of $91.91 and a 1-year high of $113.48. The company has a market capitalization of $1.65 billion, a P/E ratio of 21.72 and a beta of 0.53. The business’s fifty day moving average price is $108.81 and its two-hundred day moving average price is $104.88.
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.
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