Fifth Third Bancorp grew its holdings in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report) by 12,706.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,757 shares of the company’s stock after buying an additional 10,673 shares during the period. Fifth Third Bancorp owned 0.08% of iShares U.S. Utilities ETF worth $1,249,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently modified their holdings of the business. Strive Financial Group LLC bought a new stake in iShares U.S. Utilities ETF during the fourth quarter worth approximately $30,000. Arax Advisory Partners bought a new position in iShares U.S. Utilities ETF during the 4th quarter valued at $31,000. BOKF NA acquired a new stake in shares of iShares U.S. Utilities ETF in the third quarter valued at $35,000. IFP Advisors Inc grew its stake in shares of iShares U.S. Utilities ETF by 224.0% in the 3rd quarter. IFP Advisors Inc now owns 405 shares of the company’s stock worth $45,000 after purchasing an additional 280 shares during the last quarter. Finally, AlphaCore Capital LLC acquired a new position in shares of iShares U.S. Utilities ETF in the 4th quarter worth approximately $62,000.
iShares U.S. Utilities ETF Stock Performance
Shares of NYSEARCA:IDU opened at $117.16 on Friday. The company has a market capitalization of $1.41 billion, a PE ratio of 21.72 and a beta of 0.58. The stock has a fifty day moving average of $113.76 and a 200-day moving average of $114.23. iShares U.S. Utilities ETF has a one year low of $105.06 and a one year high of $120.82.
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. Its components primarily include utilities companies. BlackRock Fund Advisors acts as an investment adviser of the Fund.
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