2,366 Shares in iShares U.S. Utilities ETF (NYSEARCA:IDU) Purchased by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in iShares U.S. Utilities ETF (NYSEARCA:IDU) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,366 shares of the company’s stock, valued at approximately $228,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Aveo Capital Partners LLC grew its stake in iShares U.S. Utilities ETF by 131.8% in the 4th quarter. Aveo Capital Partners LLC now owns 5,809 shares of the company’s stock worth $559,000 after acquiring an additional 3,303 shares in the last quarter. Wealthstar Advisors LLC bought a new position in iShares U.S. Utilities ETF in the 4th quarter worth about $1,665,000. Stephens Inc. AR grew its stake in iShares U.S. Utilities ETF by 15.1% in the 4th quarter. Stephens Inc. AR now owns 16,836 shares of the company’s stock worth $1,620,000 after acquiring an additional 2,211 shares in the last quarter. Moloney Securities Asset Management LLC grew its stake in iShares U.S. Utilities ETF by 0.8% in the 4th quarter. Moloney Securities Asset Management LLC now owns 84,082 shares of the company’s stock worth $8,089,000 after acquiring an additional 688 shares in the last quarter. Finally, Financial Advocates Investment Management bought a new position in iShares U.S. Utilities ETF in the 4th quarter worth about $917,000.

iShares U.S. Utilities ETF Price Performance

Shares of IDU stock opened at $102.55 on Friday. The company has a market capitalization of $1.10 billion, a P/E ratio of 25.14 and a beta of 0.48. The company’s 50-day simple moving average is $98.64 and its two-hundred day simple moving average is $99.39. 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 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.