Sanctuary Advisors LLC increased its stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report) by 100.4% during the 1st quarter, Holdings Channel reports. The fund owned 36,303 shares of the company’s stock after purchasing an additional 18,185 shares during the quarter. Sanctuary Advisors LLC’s holdings in iShares U.S. Utilities ETF were worth $4,215,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently bought and sold shares of the stock. Strive Financial Group LLC acquired a new position in iShares U.S. Utilities ETF in the fourth quarter valued at approximately $30,000. Arax Advisory Partners acquired a new stake in shares of iShares U.S. Utilities ETF during the 4th quarter worth approximately $31,000. BOKF NA acquired a new stake in shares of iShares U.S. Utilities ETF during the 3rd quarter worth approximately $35,000. 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 purchasing an additional 280 shares in the last quarter. Finally, AlphaCore Capital LLC purchased a new position in shares of iShares U.S. Utilities ETF during the 4th quarter valued at approximately $62,000.
iShares U.S. Utilities ETF Price Performance
IDU opened at $114.84 on Monday. The firm has a fifty day moving average price of $113.48 and a 200 day moving average price of $114.03. iShares U.S. Utilities ETF has a 1 year low of $105.06 and a 1 year high of $120.82. The stock has a market cap of $1.38 billion, a P/E ratio of 21.72 and a beta of 0.58.
iShares U.S. Utilities ETF 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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