Lifestyle Asset Management Inc. Grows Stock Holdings in iShares U.S. Utilities ETF $IDU

Lifestyle Asset Management Inc. raised its position in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 96.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,852 shares of the company’s stock after purchasing an additional 14,145 shares during the period. iShares U.S. Utilities ETF makes up approximately 1.0% of Lifestyle Asset Management Inc.’s holdings, making the stock its 22nd largest holding. Lifestyle Asset Management Inc. owned approximately 0.23% of iShares U.S. Utilities ETF worth $3,126,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in IDU. Gamco Investors INC. ET AL purchased a new stake in iShares U.S. Utilities ETF during the second quarter valued at about $269,000. Qube Research & Technologies Ltd raised its position in iShares U.S. Utilities ETF by 99.8% during the second quarter. Qube Research & Technologies Ltd now owns 2,146 shares of the company’s stock valued at $224,000 after purchasing an additional 1,072 shares in the last quarter. NewEdge Advisors LLC raised its position in iShares U.S. Utilities ETF by 1.2% during the second quarter. NewEdge Advisors LLC now owns 20,855 shares of the company’s stock valued at $2,181,000 after purchasing an additional 244 shares in the last quarter. Quantinno Capital Management LP raised its position in iShares U.S. Utilities ETF by 58.2% during the second quarter. Quantinno Capital Management LP now owns 6,455 shares of the company’s stock valued at $675,000 after purchasing an additional 2,374 shares in the last quarter. Finally, Raymond James Financial Inc. raised its position in iShares U.S. Utilities ETF by 8.6% during the second quarter. Raymond James Financial Inc. now owns 205,135 shares of the company’s stock valued at $21,451,000 after purchasing an additional 16,173 shares in the last quarter.

iShares U.S. Utilities ETF Stock Up 0.6%

NYSEARCA IDU opened at $111.30 on Friday. The stock’s 50-day simple moving average is $114.89 and its two-hundred day simple moving average is $113.17. iShares U.S. Utilities ETF has a twelve month low of $102.22 and a twelve month high of $120.82. The company has a market capitalization of $1.52 billion, a price-to-earnings ratio of 21.72 and a beta of 0.58.

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