Lbmc Investment Advisors LLC Sells 2,394 Shares of iShares U.S. Utilities ETF (NYSEARCA:IDU)

Lbmc Investment Advisors LLC lessened its holdings in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 2.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 113,636 shares of the company’s stock after selling 2,394 shares during the quarter. iShares U.S. Utilities ETF makes up 0.9% of Lbmc Investment Advisors LLC’s portfolio, making the stock its 19th largest holding. Lbmc Investment Advisors LLC’s holdings in iShares U.S. Utilities ETF were worth $10,933,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Independence Bank of Kentucky lifted its position in iShares U.S. Utilities ETF by 2.3% during the third quarter. Independence Bank of Kentucky now owns 6,979 shares of the company’s stock valued at $712,000 after purchasing an additional 160 shares in the last quarter. Holderness Investments Co. raised its stake in shares of iShares U.S. Utilities ETF by 1.3% in the second quarter. Holderness Investments Co. now owns 13,917 shares of the company’s stock worth $1,223,000 after buying an additional 179 shares during the period. HBW Advisory Services LLC raised its stake in shares of iShares U.S. Utilities ETF by 4.1% in the third quarter. HBW Advisory Services LLC now owns 5,018 shares of the company’s stock worth $512,000 after buying an additional 197 shares during the period. EP Wealth Advisors LLC raised its stake in shares of iShares U.S. Utilities ETF by 7.2% in the third quarter. EP Wealth Advisors LLC now owns 4,784 shares of the company’s stock worth $488,000 after buying an additional 323 shares during the period. Finally, Koshinski Asset Management Inc. grew its stake in shares of iShares U.S. Utilities ETF by 3.8% during the 3rd quarter. Koshinski Asset Management Inc. now owns 11,182 shares of the company’s stock valued at $1,141,000 after acquiring an additional 406 shares during the period.

iShares U.S. Utilities ETF Trading Up 0.1 %

iShares U.S. Utilities ETF stock opened at $100.14 on Friday. iShares U.S. Utilities ETF has a 12-month low of $75.93 and a 12-month high of $106.16. The firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of 25.14 and a beta of 0.48. The firm has a 50 day moving average of $99.47 and a 200 day moving average of $97.80.

iShares U.S. Utilities ETF 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.