Weaver Consulting Group decreased its position in iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report) by 13.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 2,608 shares of the company’s stock after selling 400 shares during the quarter. Weaver Consulting Group’s holdings in iShares U.S. Utilities ETF were worth $251,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of the business. Strategic Investment Solutions Inc. IL acquired a new position in shares of iShares U.S. Utilities ETF during the 2nd quarter worth about $62,000. Trilogy Capital Inc. acquired a new stake in shares of iShares U.S. Utilities ETF during the third quarter worth about $206,000. Vertex Planning Partners LLC acquired a new stake in shares of iShares U.S. Utilities ETF during the third quarter worth about $211,000. Rede Wealth LLC bought a new position in shares of iShares U.S. Utilities ETF during the 3rd quarter valued at about $212,000. Finally, Callan Family Office LLC acquired a new position in shares of iShares U.S. Utilities ETF in the 3rd quarter valued at approximately $214,000.
iShares U.S. Utilities ETF Stock Performance
NYSEARCA IDU opened at $96.68 on Wednesday. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of 25.14 and a beta of 0.48. The business has a 50 day simple moving average of $99.83 and a 200 day simple moving average of $97.35. iShares U.S. Utilities ETF has a 52-week low of $75.93 and a 52-week high of $106.16.
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.
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