Advisors Management Group Inc. ADV Boosts Stock Position in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Advisors Management Group Inc. ADV lifted its holdings in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 2.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 19,022 shares of the company’s stock after purchasing an additional 420 shares during the period. Advisors Management Group Inc. ADV owned about 0.18% of iShares U.S. Utilities ETF worth $1,941,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IDU. International Assets Investment Management LLC purchased a new stake in iShares U.S. Utilities ETF during the second quarter worth $29,000. Chris Bulman Inc purchased a new stake in shares of iShares U.S. Utilities ETF during the 2nd quarter worth $33,000. Strategic Investment Solutions Inc. IL bought a new stake in iShares U.S. Utilities ETF during the second quarter valued at about $62,000. Trilogy Capital Inc. purchased a new position in iShares U.S. Utilities ETF in the third quarter valued at about $206,000. Finally, Rede Wealth LLC purchased a new position in shares of iShares U.S. Utilities ETF in the 3rd quarter worth approximately $212,000.

iShares U.S. Utilities ETF Stock Down 0.7 %

IDU opened at $99.00 on Thursday. iShares U.S. Utilities ETF has a 52-week low of $74.84 and a 52-week high of $104.15. The company has a market cap of $1.06 billion, a P/E ratio of 25.14 and a beta of 0.48. The firm’s 50-day moving average price is $100.42 and its 200-day moving average price is $94.07.

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.