Blackston Financial Advisory Group LLC Purchases Shares of 2,879 iShares U.S. Utilities ETF (NYSEARCA:IDU)

Posted by Casey Walker on Oct 25th, 2024

Blackston Financial Advisory Group LLC acquired a new stake in iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,879 shares of the company’s stock, valued at approximately $294,000.

A number of other hedge funds have also recently made changes to their positions in the business. Bensler LLC boosted its stake in iShares U.S. Utilities ETF by 2,672.0% during the 2nd quarter. Bensler LLC now owns 188,659 shares of the company’s stock valued at $16,579,000 after purchasing an additional 181,853 shares during the last quarter. Pinkerton Retirement Specialists LLC purchased a new stake in shares of iShares U.S. Utilities ETF during the 2nd quarter valued at $8,491,000. Norden Group LLC bought a new stake in shares of iShares U.S. Utilities ETF during the 2nd quarter worth $7,168,000. Moloney Securities Asset Management LLC purchased a new position in shares of iShares U.S. Utilities ETF in the 2nd quarter worth about $7,051,000. Finally, Brookstone Capital Management purchased a new stake in iShares U.S. Utilities ETF during the second quarter worth about $4,768,000.

iShares U.S. Utilities ETF Stock Performance

Shares of IDU stock opened at $103.01 on Friday. iShares U.S. Utilities ETF has a 52 week low of $73.19 and a 52 week high of $104.15. The firm’s 50-day simple moving average is $99.64 and its two-hundred day simple moving average is $92.91. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of 25.14 and a beta of 0.48.

iShares U.S. Utilities ETF Profile

(Free Report)

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.