iShares U.S. Utilities ETF $IDU Shares Acquired by Mutual Advisors LLC

Mutual Advisors LLC increased its stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 3.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,591 shares of the company’s stock after purchasing an additional 236 shares during the quarter. Mutual Advisors LLC’s holdings in iShares U.S. Utilities ETF were worth $712,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC increased its stake in iShares U.S. Utilities ETF by 34.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,177 shares of the company’s stock valued at $123,000 after buying an additional 299 shares during the period. Mullooly Asset Management Inc. acquired a new position in iShares U.S. Utilities ETF in the 1st quarter valued at $935,000. Valmark Advisers Inc. acquired a new position in iShares U.S. Utilities ETF in the 2nd quarter valued at $204,000. PNC Financial Services Group Inc. increased its stake in iShares U.S. Utilities ETF by 6.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 27,741 shares of the company’s stock valued at $2,814,000 after buying an additional 1,633 shares during the period. Finally, Rede Wealth LLC acquired a new position in iShares U.S. Utilities ETF in the 1st quarter valued at $210,000.

iShares U.S. Utilities ETF Stock Performance

Shares of IDU opened at $115.40 on Friday. The stock has a market capitalization of $1.54 billion, a P/E ratio of 21.72 and a beta of 0.53. The company’s fifty day moving average is $109.92 and its two-hundred day moving average is $105.85. iShares U.S. Utilities ETF has a 1 year low of $91.91 and a 1 year high of $117.74.

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.