Sunbelt Securities Inc. Acquires 8,126 Shares of iShares U.S. Utilities ETF $IDU

Sunbelt Securities Inc. lifted its holdings in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 109.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,521 shares of the company’s stock after buying an additional 8,126 shares during the quarter. Sunbelt Securities Inc. owned approximately 0.11% of iShares U.S. Utilities ETF worth $1,802,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Gamco Investors INC. ET AL purchased a new stake in iShares U.S. Utilities ETF in the second quarter worth about $269,000. Qube Research & Technologies Ltd increased its stake in shares of 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 lifted its holdings in shares of 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 during the last quarter. Quantinno Capital Management LP grew its stake in shares of iShares U.S. Utilities ETF by 58.2% in the 2nd quarter. Quantinno Capital Management LP now owns 6,455 shares of the company’s stock worth $675,000 after buying an additional 2,374 shares during the last quarter. Finally, Raymond James Financial Inc. grew its stake in shares of iShares U.S. Utilities ETF by 8.6% in the 2nd quarter. Raymond James Financial Inc. now owns 205,135 shares of the company’s stock worth $21,451,000 after buying an additional 16,173 shares during the last quarter.

iShares U.S. Utilities ETF Stock Down 1.2%

IDU stock opened at $113.95 on Thursday. The business has a 50 day moving average of $113.93 and a 200 day moving average of $114.44. The firm has a market cap of $1.37 billion, a PE ratio of 21.72 and a beta of 0.58. iShares U.S. Utilities ETF has a twelve month low of $105.06 and a twelve month high of $120.82.

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.