iShares U.S. Utilities ETF $IDU Shares Purchased by Mutual Advisors LLC

Mutual Advisors LLC raised its position in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 3.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 6,591 shares of the company’s stock after purchasing an additional 236 shares during the period. Mutual Advisors LLC’s holdings in iShares U.S. Utilities ETF were worth $712,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Hsbc Holdings PLC acquired a new stake in iShares U.S. Utilities ETF in the first quarter valued at $64,411,000. LPL Financial LLC boosted its position in iShares U.S. Utilities ETF by 6.6% during the first quarter. LPL Financial LLC now owns 257,854 shares of the company’s stock worth $26,152,000 after acquiring an additional 15,995 shares during the last quarter. MinichMacGregor Wealth Management LLC acquired a new stake in shares of iShares U.S. Utilities ETF during the first quarter worth $11,476,000. Jones Financial Companies Lllp lifted its position in iShares U.S. Utilities ETF by 509.8% during the first quarter. Jones Financial Companies Lllp now owns 90,746 shares of the company’s stock worth $9,203,000 after buying an additional 75,864 shares during the period. Finally, Truist Financial Corp lifted its position in iShares U.S. Utilities ETF by 25.3% during the second quarter. Truist Financial Corp now owns 75,499 shares of the company’s stock worth $7,895,000 after buying an additional 15,245 shares during the period.

iShares U.S. Utilities ETF Trading Down 0.3%

NYSEARCA IDU opened at $115.40 on Friday. The business’s 50-day moving average price is $109.92 and its 200 day moving average price is $105.85. iShares U.S. Utilities ETF has a twelve month low of $91.91 and a twelve month high of $117.74. The company has a market capitalization of $1.54 billion, a PE ratio of 21.72 and a beta of 0.53.

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.