RPS Advisory Solutions LLC Buys 5,515 Shares of iShares U.S. Utilities ETF $IDU

RPS Advisory Solutions LLC increased its stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 7.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 82,098 shares of the company’s stock after acquiring an additional 5,515 shares during the period. iShares U.S. Utilities ETF accounts for about 4.2% of RPS Advisory Solutions LLC’s holdings, making the stock its 5th largest position. RPS Advisory Solutions LLC’s holdings in iShares U.S. Utilities ETF were worth $8,896,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in IDU. BOKF NA acquired a new position in shares of iShares U.S. Utilities ETF during the 3rd quarter valued at about $35,000. Fifth Third Bancorp acquired a new position in shares of iShares U.S. Utilities ETF during the 3rd quarter valued at about $39,000. Rice Partnership LLC acquired a new position in shares of iShares U.S. Utilities ETF during the 3rd quarter valued at about $40,000. IFP Advisors Inc increased its holdings in shares of iShares U.S. Utilities ETF by 224.0% during the 3rd quarter. IFP Advisors Inc now owns 405 shares of the company’s stock valued at $45,000 after acquiring an additional 280 shares during the last quarter. Finally, Assetmark Inc. increased its holdings in shares of iShares U.S. Utilities ETF by 25.6% during the 3rd quarter. Assetmark Inc. now owns 490 shares of the company’s stock valued at $54,000 after acquiring an additional 100 shares during the last quarter.

iShares U.S. Utilities ETF Stock Performance

Shares of NYSEARCA IDU opened at $112.26 on Wednesday. The firm has a market cap of $1.54 billion, a price-to-earnings ratio of 21.72 and a beta of 0.61. The business’s 50-day simple moving average is $115.93 and its 200-day simple moving average is $113.13. iShares U.S. Utilities ETF has a 52 week low of $102.10 and a 52 week high of $120.82.

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.