Cetera Investment Advisers Has $6.24 Million Stock Holdings in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Cetera Investment Advisers grew its holdings in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 123.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,802 shares of the company’s stock after purchasing an additional 35,751 shares during the quarter. Cetera Investment Advisers owned about 0.60% of iShares U.S. Utilities ETF worth $6,235,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in IDU. Raymond James Financial Inc. acquired a new position in shares of iShares U.S. Utilities ETF in the 4th quarter valued at about $18,143,000. Arrien Investments Inc. acquired a new position in shares of iShares U.S. Utilities ETF in the 4th quarter valued at about $7,166,000. Three Seasons Wealth LLC acquired a new position in shares of iShares U.S. Utilities ETF in the 4th quarter valued at about $6,591,000. Jane Street Group LLC lifted its stake in shares of iShares U.S. Utilities ETF by 868.0% in the 4th quarter. Jane Street Group LLC now owns 31,410 shares of the company’s stock valued at $3,022,000 after purchasing an additional 28,165 shares during the period. Finally, CPR Investments Inc. acquired a new position in shares of iShares U.S. Utilities ETF in the 4th quarter valued at about $2,373,000.

iShares U.S. Utilities ETF Price Performance

Shares of NYSEARCA:IDU opened at $101.94 on Wednesday. iShares U.S. Utilities ETF has a 1 year low of $87.03 and a 1 year high of $106.16. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of 21.40 and a beta of 0.57. The business’s 50-day moving average is $100.16 and its 200-day moving average is $100.02.

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.