Atlantic Edge Private Wealth Management LLC Sells 150 Shares of iShares U.S. Utilities ETF (NYSEARCA:IDU)

Atlantic Edge Private Wealth Management LLC cut its holdings in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 9.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,525 shares of the company’s stock after selling 150 shares during the period. Atlantic Edge Private Wealth Management LLC’s holdings in iShares U.S. Utilities ETF were worth $147,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Koshinski Asset Management Inc. raised its position in iShares U.S. Utilities ETF by 3.8% in the 3rd quarter. Koshinski Asset Management Inc. now owns 11,182 shares of the company’s stock worth $1,141,000 after purchasing an additional 406 shares during the period. Empirical Asset Management LLC raised its position in iShares U.S. Utilities ETF by 11.7% in the 3rd quarter. Empirical Asset Management LLC now owns 4,400 shares of the company’s stock worth $449,000 after purchasing an additional 461 shares during the period. Creative Planning purchased a new position in shares of iShares U.S. Utilities ETF in the third quarter valued at about $349,000. Keystone Wealth Services LLC purchased a new position in shares of iShares U.S. Utilities ETF in the third quarter valued at about $216,000. Finally, Good Life Advisors LLC increased its position in shares of iShares U.S. Utilities ETF by 99.1% in the third quarter. Good Life Advisors LLC now owns 5,080 shares of the company’s stock valued at $518,000 after acquiring an additional 2,528 shares during the period.

iShares U.S. Utilities ETF Trading Up 1.1 %

IDU stock opened at $101.01 on Tuesday. The firm’s 50-day moving average price is $98.51 and its two-hundred day moving average price is $98.98. iShares U.S. Utilities ETF has a 12-month low of $75.93 and a 12-month high of $106.16. The stock has a market capitalization of $1.09 billion, a price-to-earnings 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.