Pinkerton Wealth LLC Grows Stake in iShares U.S. Utilities ETF $IDU

Pinkerton Wealth LLC increased its holdings in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 8.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 366,993 shares of the company’s stock after purchasing an additional 29,151 shares during the period. iShares U.S. Utilities ETF accounts for 4.1% of Pinkerton Wealth LLC’s holdings, making the stock its 6th biggest holding. Pinkerton Wealth LLC owned about 2.97% of iShares U.S. Utilities ETF worth $39,767,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. BOKF NA acquired a new stake in iShares U.S. Utilities ETF in the third quarter valued at approximately $35,000. Fifth Third Bancorp acquired a new stake in iShares U.S. Utilities ETF in the third quarter valued at approximately $39,000. Rice Partnership LLC acquired a new stake in iShares U.S. Utilities ETF in the third quarter valued at approximately $40,000. IFP Advisors Inc boosted its stake in iShares U.S. Utilities ETF by 224.0% in the third quarter. IFP Advisors Inc now owns 405 shares of the company’s stock valued at $45,000 after acquiring an additional 280 shares in the last quarter. Finally, Assetmark Inc. boosted its stake in iShares U.S. Utilities ETF by 25.6% in the third quarter. Assetmark Inc. now owns 490 shares of the company’s stock valued at $54,000 after acquiring an additional 100 shares in the last quarter.

iShares U.S. Utilities ETF Stock Up 0.3%

Shares of IDU opened at $112.55 on Thursday. The company has a market cap of $1.54 billion, a price-to-earnings ratio of 21.72 and a beta of 0.61. iShares U.S. Utilities ETF has a twelve month low of $102.10 and a twelve month high of $120.82. The company has a 50 day moving average of $115.81 and a two-hundred day moving average of $113.13.

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. Its components primarily include utilities companies. BlackRock Fund Advisors acts as an investment adviser of the Fund.