Lakeview Capital Partners LLC Grows Stock Holdings in iShares US Utilities ETF (NYSEARCA:IDU)

Lakeview Capital Partners LLC raised its stake in iShares US Utilities ETF (NYSEARCA:IDU) by 5.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,408 shares of the company’s stock after buying an additional 125 shares during the period. Lakeview Capital Partners LLC’s holdings in iShares US Utilities ETF were worth $392,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in shares of iShares US Utilities ETF in the 2nd quarter worth approximately $21,411,000. Janney Montgomery Scott LLC purchased a new stake in shares of iShares US Utilities ETF in the 2nd quarter worth approximately $7,556,000. Sigma Planning Corp lifted its position in shares of iShares US Utilities ETF by 305.3% in the 2nd quarter. Sigma Planning Corp now owns 33,942 shares of the company’s stock worth $5,118,000 after purchasing an additional 25,568 shares during the period. Bank of America Corp DE lifted its position in shares of iShares US Utilities ETF by 9.0% in the 2nd quarter. Bank of America Corp DE now owns 260,560 shares of the company’s stock worth $39,290,000 after purchasing an additional 21,453 shares during the period. Finally, Cambridge Investment Research Advisors Inc. lifted its position in shares of iShares US Utilities ETF by 171.3% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 32,557 shares of the company’s stock worth $4,909,000 after purchasing an additional 20,557 shares during the period.

Shares of IDU traded down $0.65 during mid-day trading on Friday, hitting $155.25. The company’s stock had a trading volume of 43,698 shares, compared to its average volume of 68,966. The company’s 50-day moving average is $160.98 and its 200-day moving average is $154.31. iShares US Utilities ETF has a 52-week low of $128.78 and a 52-week high of $163.81.

iShares US 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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Institutional Ownership by Quarter for iShares US Utilities ETF (NYSEARCA:IDU)

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