HBW Advisory Services LLC Cuts Stock Position in iShares U.S. Utilities ETF (NYSEARCA:IDU)

HBW Advisory Services LLC decreased its holdings in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 7.7% in the 4th quarter, HoldingsChannel reports. The firm owned 4,632 shares of the company’s stock after selling 386 shares during the quarter. HBW Advisory Services LLC’s holdings in iShares U.S. Utilities ETF were worth $446,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Strategic Investment Solutions Inc. IL purchased a new position in iShares U.S. Utilities ETF in the 2nd quarter valued at approximately $62,000. Trilogy Capital Inc. purchased a new position in iShares U.S. Utilities ETF in the third quarter valued at $206,000. Vertex Planning Partners LLC acquired a new position in iShares U.S. Utilities ETF during the 3rd quarter worth $211,000. Rede Wealth LLC acquired a new position in iShares U.S. Utilities ETF during the 3rd quarter worth $212,000. Finally, Callan Family Office LLC acquired a new stake in iShares U.S. Utilities ETF in the 3rd quarter valued at about $214,000.

iShares U.S. Utilities ETF Stock Performance

Shares of IDU opened at $96.25 on Friday. iShares U.S. Utilities ETF has a 1 year low of $75.93 and a 1 year high of $106.16. The stock has a market capitalization of $1.03 billion, a PE ratio of 25.14 and a beta of 0.48. The stock has a 50-day simple moving average of $99.68 and a 200-day simple moving average of $97.34.

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.