Intellectus Partners LLC Cuts Stock Holdings in iShares US Utilities ETF (NYSEARCA:IDU)

Intellectus Partners LLC reduced its position in shares of iShares US Utilities ETF (NYSEARCA:IDU) by 4.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,605 shares of the company’s stock after selling 371 shares during the period. Intellectus Partners LLC owned 0.07% of iShares US Utilities ETF worth $597,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of IDU. SRS Capital Advisors Inc. purchased a new stake in iShares US Utilities ETF during the 2nd quarter worth approximately $25,000. Selective Wealth Management Inc. acquired a new position in shares of iShares US Utilities ETF during the 2nd quarter worth approximately $31,000. Ameritas Investment Company LLC acquired a new position in shares of iShares US Utilities ETF during the 1st quarter worth approximately $34,000. Arkadios Wealth Advisors boosted its holdings in shares of iShares US Utilities ETF by 37.8% during the 2nd quarter. Arkadios Wealth Advisors now owns 911 shares of the company’s stock worth $71,000 after purchasing an additional 250 shares during the last quarter. Finally, Qube Research & Technologies Ltd boosted its holdings in shares of iShares US Utilities ETF by 785.2% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,133 shares of the company’s stock worth $89,000 after purchasing an additional 1,005 shares during the last quarter.

Shares of iShares US Utilities ETF stock traded up $0.67 on Thursday, hitting $81.47. 919 shares of the company were exchanged, compared to its average volume of 62,040. The company has a 50-day moving average price of $82.94 and a 200 day moving average price of $81.65. iShares US Utilities ETF has a 1-year low of $72.38 and a 1-year high of $86.29.

iShares US 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.

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Institutional Ownership by Quarter for iShares US Utilities ETF (NYSEARCA:IDU)

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