International Assets Investment Management LLC Invests $2.10 Million in iShares U.S. Utilities ETF (NYSEARCA:IDU)

International Assets Investment Management LLC acquired a new position in iShares U.S. Utilities ETF (NYSEARCA:IDU) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 26,286 shares of the company’s stock, valued at approximately $2,101,000. International Assets Investment Management LLC owned about 0.24% of iShares U.S. Utilities ETF as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of IDU. Coppell Advisory Solutions LLC purchased a new position in iShares U.S. Utilities ETF during the second quarter valued at approximately $26,000. Qube Research & Technologies Ltd purchased a new position in iShares U.S. Utilities ETF during the third quarter valued at approximately $29,000. Laurel Wealth Advisors LLC raised its position in iShares U.S. Utilities ETF by 29.0% during the third quarter. Laurel Wealth Advisors LLC now owns 668 shares of the company’s stock valued at $49,000 after acquiring an additional 150 shares in the last quarter. ICA Group Wealth Management LLC purchased a new position in iShares U.S. Utilities ETF during the fourth quarter valued at approximately $60,000. Finally, Strategic Investment Solutions Inc. IL purchased a new position in iShares U.S. Utilities ETF during the first quarter valued at approximately $63,000.

iShares U.S. Utilities ETF Trading Up 1.4 %

Shares of IDU stock opened at $83.87 on Friday. The stock has a 50 day moving average of $81.49 and a 200 day moving average of $78.80. The stock has a market cap of $901.60 million, a P/E ratio of 22.50 and a beta of 0.53. iShares U.S. Utilities ETF has a twelve month low of $68.87 and a twelve month high of $86.54.

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.