Evanson Financial LLC Purchases Shares of 4,785 iShares U.S. Utilities ETF $IDU

Evanson Financial LLC bought a new position in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,785 shares of the company’s stock, valued at approximately $548,000.

Other large investors have also bought and sold shares of the company. Bank of America Corp DE raised its holdings in shares of iShares U.S. Utilities ETF by 5.5% during the third quarter. Bank of America Corp DE now owns 989,938 shares of the company’s stock valued at $109,784,000 after purchasing an additional 51,642 shares during the period. Hsbc Holdings PLC grew its stake in shares of iShares U.S. Utilities ETF by 24,187.0% in the 4th quarter. Hsbc Holdings PLC now owns 728,611 shares of the company’s stock valued at $78,952,000 after buying an additional 725,611 shares during the period. LPL Financial LLC grew its stake in shares of iShares U.S. Utilities ETF by 14.0% in the 4th quarter. LPL Financial LLC now owns 411,813 shares of the company’s stock valued at $44,624,000 after buying an additional 50,692 shares during the period. Steward Partners Investment Advisory LLC increased its position in iShares U.S. Utilities ETF by 6.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 404,651 shares of the company’s stock valued at $43,848,000 after buying an additional 23,361 shares in the last quarter. Finally, Pinkerton Wealth LLC increased its position in iShares U.S. Utilities ETF by 8.6% in the 4th quarter. Pinkerton Wealth LLC now owns 366,993 shares of the company’s stock valued at $39,767,000 after buying an additional 29,151 shares in the last quarter.

iShares U.S. Utilities ETF Stock Performance

IDU stock opened at $110.95 on Friday. The stock’s 50 day simple moving average is $113.66 and its 200 day simple moving average is $114.53. iShares U.S. Utilities ETF has a fifty-two week low of $105.06 and a fifty-two week high of $120.82. The company has a market cap of $1.40 billion, a P/E 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.