Picton Mahoney Asset Management Acquires 2,420 Shares of iShares U.S. Utilities ETF (NYSEARCA:IDU)

Picton Mahoney Asset Management raised its holdings in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 128.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,300 shares of the company’s stock after purchasing an additional 2,420 shares during the period. Picton Mahoney Asset Management’s holdings in iShares U.S. Utilities ETF were worth $343,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Wetzel Investment Advisors Inc. bought a new position in iShares U.S. Utilities ETF in the fourth quarter worth about $41,000. Laurel Wealth Advisors LLC raised its position in shares of iShares U.S. Utilities ETF by 29.0% in the 3rd quarter. Laurel Wealth Advisors LLC now owns 668 shares of the company’s stock worth $49,000 after acquiring an additional 150 shares in the last quarter. Capital Analysts LLC purchased a new position in shares of iShares U.S. Utilities ETF in the 4th quarter valued at approximately $72,000. Aptus Capital Advisors LLC boosted its position in shares of iShares U.S. Utilities ETF by 110.0% during the third quarter. Aptus Capital Advisors LLC now owns 1,909 shares of the company’s stock valued at $140,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Retirement Planning Group LLC purchased a new stake in iShares U.S. Utilities ETF in the fourth quarter worth $200,000.

iShares U.S. Utilities ETF Trading Up 0.8 %

IDU opened at $89.77 on Thursday. iShares U.S. Utilities ETF has a 12-month low of $68.87 and a 12-month high of $89.83. The company has a market cap of $965.03 million, a price-to-earnings ratio of 25.14 and a beta of 0.48. The stock has a fifty day simple moving average of $83.59 and a two-hundred day simple moving average of $80.08.

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.