Cetera Investment Advisers Has $7.92 Million Holdings in iShares U.S. Utilities ETF $IDU

Cetera Investment Advisers grew its holdings in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 10.7% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 68,169 shares of the company’s stock after buying an additional 6,586 shares during the period. Cetera Investment Advisers owned approximately 0.50% of iShares U.S. Utilities ETF worth $7,915,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Johnson Investment Counsel Inc. lifted its position in shares of iShares U.S. Utilities ETF by 3.1% during the 4th quarter. Johnson Investment Counsel Inc. now owns 3,283 shares of the company’s stock valued at $356,000 after acquiring an additional 100 shares during the period. IHT Wealth Management LLC grew its holdings in iShares U.S. Utilities ETF by 5.8% in the fourth quarter. IHT Wealth Management LLC now owns 1,966 shares of the company’s stock worth $213,000 after purchasing an additional 108 shares during the period. Money Concepts Capital Corp increased its stake in iShares U.S. Utilities ETF by 3.3% in the fourth quarter. Money Concepts Capital Corp now owns 4,055 shares of the company’s stock valued at $439,000 after purchasing an additional 131 shares in the last quarter. Wealth Management Associates Inc. raised its holdings in shares of iShares U.S. Utilities ETF by 2.2% during the fourth quarter. Wealth Management Associates Inc. now owns 7,914 shares of the company’s stock valued at $858,000 after purchasing an additional 167 shares during the period. Finally, CacheTech Inc. boosted its position in shares of iShares U.S. Utilities ETF by 5.5% during the 1st quarter. CacheTech Inc. now owns 3,720 shares of the company’s stock worth $432,000 after purchasing an additional 194 shares in the last quarter.

iShares U.S. Utilities ETF Price Performance

Shares of iShares U.S. Utilities ETF stock opened at $112.39 on Friday. The business has a 50-day simple moving average of $113.88 and a 200 day simple moving average of $114.46. iShares U.S. Utilities ETF has a one year low of $105.06 and a one year high of $120.82. The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of 21.72 and a beta of 0.58.

iShares U.S. 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. Its components primarily include utilities companies. BlackRock Fund Advisors acts as an investment adviser of the Fund.