iShares U.S. Utilities ETF (NYSEARCA:IDU – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $105.45 and last traded at $105.65, with a volume of 1526 shares. The stock had previously closed at $107.94.
iShares U.S. Utilities ETF Price Performance
The stock has a market cap of $1.33 billion, a price-to-earnings ratio of 21.72 and a beta of 0.57. The stock has a fifty day moving average of $112.02 and a 200 day moving average of $114.09.
Institutional Trading of iShares U.S. Utilities ETF
Several large investors have recently made changes to their positions in IDU. Lifestyle Asset Management Inc. raised its holdings in shares of iShares U.S. Utilities ETF by 96.2% during the fourth quarter. Lifestyle Asset Management Inc. now owns 28,852 shares of the company’s stock worth $3,126,000 after purchasing an additional 14,145 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in iShares U.S. Utilities ETF by 163.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 112,584 shares of the company’s stock worth $12,200,000 after purchasing an additional 69,876 shares during the period. RPS Advisory Solutions LLC raised its stake in shares of iShares U.S. Utilities ETF by 7.2% during the 4th quarter. RPS Advisory Solutions LLC now owns 82,098 shares of the company’s stock valued at $8,896,000 after buying an additional 5,515 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of iShares U.S. Utilities ETF in the 4th quarter valued at about $1,084,000. Finally, Fifth Third Bancorp boosted its stake in shares of iShares U.S. Utilities ETF by 12,706.0% in the first quarter. Fifth Third Bancorp now owns 10,757 shares of the company’s stock worth $1,249,000 after buying an additional 10,673 shares during the last quarter.
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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