Stephens Inc. AR Decreases Holdings in iShares U.S. Utilities ETF $IDU

Stephens Inc. AR decreased its position in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 0.5% during the 2nd quarter, Holdings Channel.com reports. The fund owned 20,713 shares of the company’s stock after selling 100 shares during the period. Stephens Inc. AR’s holdings in iShares U.S. Utilities ETF were worth $2,166,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Oppenheimer & Co. Inc. boosted its stake in shares of iShares U.S. Utilities ETF by 2.1% during the 1st quarter. Oppenheimer & Co. Inc. now owns 5,122 shares of the company’s stock worth $519,000 after acquiring an additional 104 shares in the last quarter. Rise Advisors LLC boosted its stake in shares of iShares U.S. Utilities ETF by 12.4% during the 2nd quarter. Rise Advisors LLC now owns 1,274 shares of the company’s stock worth $133,000 after acquiring an additional 141 shares in the last quarter. Sharkey Howes & Javer boosted its stake in shares of iShares U.S. Utilities ETF by 1.0% during the 1st quarter. Sharkey Howes & Javer now owns 15,484 shares of the company’s stock worth $1,570,000 after acquiring an additional 157 shares in the last quarter. US Bancorp DE boosted its stake in shares of iShares U.S. Utilities ETF by 12.4% during the 1st quarter. US Bancorp DE now owns 1,737 shares of the company’s stock worth $176,000 after acquiring an additional 191 shares in the last quarter. Finally, Sigma Planning Corp boosted its stake in shares of iShares U.S. Utilities ETF by 3.8% during the 1st quarter. Sigma Planning Corp now owns 6,179 shares of the company’s stock worth $627,000 after acquiring an additional 224 shares in the last quarter.

iShares U.S. Utilities ETF Price Performance

Shares of NYSEARCA:IDU opened at $114.06 on Thursday. The business’s 50 day simple moving average is $110.20 and its 200-day simple moving average is $106.12. The firm has a market capitalization of $1.52 billion, a price-to-earnings ratio of 21.72 and a beta of 0.53. iShares U.S. Utilities ETF has a 12 month low of $91.91 and a 12 month high of $117.74.

About iShares U.S. Utilities ETF

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.