iShares U.S. Utilities ETF (NYSEARCA:IDU) Shares Acquired by MML Investors Services LLC

MML Investors Services LLC lifted its position in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 12.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,460 shares of the company’s stock after acquiring an additional 3,816 shares during the period. MML Investors Services LLC owned about 0.33% of iShares U.S. Utilities ETF worth $3,618,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Bensler LLC raised its position in shares of iShares U.S. Utilities ETF by 19.7% during the 3rd quarter. Bensler LLC now owns 225,859 shares of the company’s stock valued at $23,042,000 after acquiring an additional 37,200 shares in the last quarter. Apollon Wealth Management LLC increased its position in iShares U.S. Utilities ETF by 1,289.0% in the third quarter. Apollon Wealth Management LLC now owns 132,123 shares of the company’s stock worth $13,479,000 after buying an additional 122,611 shares during the period. Commonwealth Equity Services LLC increased its position in iShares U.S. Utilities ETF by 11.3% in the second quarter. Commonwealth Equity Services LLC now owns 124,841 shares of the company’s stock worth $10,971,000 after buying an additional 12,692 shares during the period. Raymond James Financial Services Advisors Inc. increased its position in iShares U.S. Utilities ETF by 19.5% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 121,434 shares of the company’s stock worth $10,672,000 after buying an additional 19,817 shares during the period. Finally, Pinkerton Retirement Specialists LLC acquired a new stake in iShares U.S. Utilities ETF in the second quarter worth $8,491,000.

iShares U.S. Utilities ETF Price Performance

Shares of NYSEARCA IDU opened at $98.93 on Friday. iShares U.S. Utilities ETF has a 1-year low of $75.93 and a 1-year high of $106.16. The business’s fifty day moving average price is $101.63 and its two-hundred day moving average price is $96.47. The firm has a market capitalization of $1.06 billion, a PE ratio of 25.14 and a beta of 0.48.

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.