iShares U.S. Utilities ETF (NYSEARCA:IDU) Shares Purchased by Advisors Management Group Inc. ADV

Advisors Management Group Inc. ADV lifted its stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 2.3% in the third quarter, Holdings Channel reports. The firm owned 19,022 shares of the company’s stock after buying an additional 420 shares during the period. Advisors Management Group Inc. ADV’s holdings in iShares U.S. Utilities ETF were worth $1,941,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. raised its holdings in shares of iShares U.S. Utilities ETF by 10.2% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 2,792 shares of the company’s stock valued at $236,000 after buying an additional 259 shares during the period. Wealthspire Advisors LLC grew its position in iShares U.S. Utilities ETF by 14.9% during the 1st quarter. Wealthspire Advisors LLC now owns 3,123 shares of the company’s stock worth $264,000 after purchasing an additional 405 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its position in iShares U.S. Utilities ETF by 39.1% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 3,724 shares of the company’s stock valued at $315,000 after buying an additional 1,046 shares during the last quarter. Jaffetilchin Investment Partners LLC grew its holdings in iShares U.S. Utilities ETF by 31.2% during the first quarter. Jaffetilchin Investment Partners LLC now owns 8,653 shares of the company’s stock worth $731,000 after acquiring an additional 2,059 shares during the period. Finally, Cetera Investment Advisers increased its stake in iShares U.S. Utilities ETF by 155.1% in the 1st quarter. Cetera Investment Advisers now owns 21,499 shares of the company’s stock valued at $1,817,000 after purchasing an additional 13,070 shares in the last quarter.

iShares U.S. Utilities ETF Price Performance

Shares of iShares U.S. Utilities ETF stock opened at $99.00 on Thursday. iShares U.S. Utilities ETF has a 1 year low of $74.84 and a 1 year high of $104.15. The business has a 50 day moving average price of $100.42 and a 200 day moving average price of $94.07. The company has a market capitalization of $1.06 billion, a P/E ratio of 25.14 and a beta of 0.48.

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.