IMC Chicago LLC Makes New Investment in iShares U.S. Utilities ETF $IDU

IMC Chicago LLC bought a new stake in iShares U.S. Utilities ETF (NYSEARCA:IDU) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 7,000 shares of the company’s stock, valued at approximately $813,000.

Several other large investors have also modified their holdings of the business. Hsbc Holdings PLC increased its position in shares of iShares U.S. Utilities ETF by 24,187.0% during the 4th quarter. Hsbc Holdings PLC now owns 728,611 shares of the company’s stock worth $78,952,000 after purchasing an additional 725,611 shares during the last quarter. Bank of America Corp DE lifted its position in iShares U.S. Utilities ETF by 88.0% in the second quarter. Bank of America Corp DE now owns 938,296 shares of the company’s stock valued at $98,118,000 after buying an additional 439,316 shares during the last quarter. Sherman Porfolios LLC acquired a new position in iShares U.S. Utilities ETF in the third quarter valued at about $25,699,000. Camarda Financial Advisors LLC acquired a new position in iShares U.S. Utilities ETF in the second quarter valued at about $13,327,000. Finally, Goldman Sachs Group Inc. boosted its stake in iShares U.S. Utilities ETF by 629.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 127,535 shares of the company’s stock worth $13,820,000 after buying an additional 110,043 shares during the period.

iShares U.S. Utilities ETF Price Performance

Shares of IDU opened at $114.87 on Thursday. iShares U.S. Utilities ETF has a 1-year low of $104.09 and a 1-year high of $120.82. The stock has a market cap of $1.38 billion, a PE ratio of 21.72 and a beta of 0.58. The firm has a 50-day simple moving average of $113.41 and a two-hundred day simple moving average of $113.94.

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.