Good Life Advisors LLC Sells 2,563 Shares of iShares U.S. Utilities ETF (NYSEARCA:IDU)

Good Life Advisors LLC cut its stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 50.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,517 shares of the company’s stock after selling 2,563 shares during the period. Good Life Advisors LLC’s holdings in iShares U.S. Utilities ETF were worth $242,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. New Wave Wealth Advisors LLC acquired a new stake in iShares U.S. Utilities ETF in the fourth quarter valued at $117,000. Vertex Planning Partners LLC bought a new position in shares of iShares U.S. Utilities ETF during the 3rd quarter worth about $211,000. Hilltop Holdings Inc. bought a new position in shares of iShares U.S. Utilities ETF during the 3rd quarter worth about $224,000. REDW Wealth LLC bought a new position in iShares U.S. Utilities ETF in the 3rd quarter valued at about $228,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in iShares U.S. Utilities ETF in the 4th quarter valued at about $228,000.

iShares U.S. Utilities ETF Stock Performance

Shares of NYSEARCA IDU opened at $102.60 on Friday. The stock has a market cap of $1.10 billion, a price-to-earnings ratio of 25.14 and a beta of 0.48. iShares U.S. Utilities ETF has a fifty-two week low of $78.07 and a fifty-two week high of $106.16. The firm’s 50-day simple moving average is $98.72 and its 200 day simple moving average is $99.47.

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.