Stephens Inc. AR Has $1.62 Million Stock Holdings in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Stephens Inc. AR raised its position in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 15.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,836 shares of the company’s stock after purchasing an additional 2,211 shares during the period. Stephens Inc. AR owned approximately 0.16% of iShares U.S. Utilities ETF worth $1,620,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Moloney Securities Asset Management LLC raised its holdings in shares of iShares U.S. Utilities ETF by 0.8% during the 4th quarter. Moloney Securities Asset Management LLC now owns 84,082 shares of the company’s stock worth $8,089,000 after buying an additional 688 shares in the last quarter. Financial Advocates Investment Management bought a new position in iShares U.S. Utilities ETF during the 4th quarter worth $917,000. Choreo LLC acquired a new position in shares of iShares U.S. Utilities ETF in the fourth quarter worth approximately $322,000. Stratos Wealth Advisors LLC boosted its stake in shares of iShares U.S. Utilities ETF by 24.3% in the 4th quarter. Stratos Wealth Advisors LLC now owns 35,668 shares of the company’s stock valued at $3,432,000 after purchasing an additional 6,976 shares during the last quarter. Finally, Stratos Wealth Partners LTD. raised its position in shares of iShares U.S. Utilities ETF by 15.7% in the 4th quarter. Stratos Wealth Partners LTD. now owns 10,033 shares of the company’s stock worth $965,000 after acquiring an additional 1,361 shares in the last quarter.

iShares U.S. Utilities ETF Stock Performance

Shares of iShares U.S. Utilities ETF stock opened at $101.28 on Thursday. The stock has a 50 day moving average price of $98.46 and a two-hundred day moving average price of $99.07. iShares U.S. Utilities ETF has a 52 week low of $75.93 and a 52 week high of $106.16. The stock has a market capitalization of $1.09 billion, a PE 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.