Private Advisor Group LLC Increases Holdings in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Private Advisor Group LLC increased its position in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 20.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,682 shares of the company’s stock after purchasing an additional 4,694 shares during the quarter. Private Advisor Group LLC owned approximately 0.26% of iShares U.S. Utilities ETF worth $2,663,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. New Wave Wealth Advisors LLC purchased a new position in iShares U.S. Utilities ETF during the fourth quarter valued at approximately $117,000. Vertex Planning Partners LLC bought a new position in shares of iShares U.S. Utilities ETF in the 3rd quarter worth $211,000. Hilltop Holdings Inc. bought a new position in shares of iShares U.S. Utilities ETF in the 3rd quarter worth $224,000. REDW Wealth LLC bought a new stake in iShares U.S. Utilities ETF during the third quarter valued at about $228,000. Finally, TPG Advisors LLC bought a new stake in iShares U.S. Utilities ETF during the third quarter valued at about $229,000.

iShares U.S. Utilities ETF Stock Performance

Shares of iShares U.S. Utilities ETF stock opened at $102.27 on Tuesday. The company has a market capitalization of $1.10 billion, a PE ratio of 25.14 and a beta of 0.48. The company has a 50-day simple moving average of $98.80 and a two-hundred day simple moving average of $99.62. iShares U.S. Utilities ETF has a one year low of $78.07 and a one year high of $106.16.

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.