D.A. Davidson & CO. Sells 480 Shares of iShares U.S. Utilities ETF (NYSEARCA:IDU)

D.A. Davidson & CO. lowered its holdings in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 2.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 18,336 shares of the company’s stock after selling 480 shares during the period. D.A. Davidson & CO. owned about 0.17% of iShares U.S. Utilities ETF worth $1,871,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in IDU. Creative Planning purchased a new stake in shares of iShares U.S. Utilities ETF during the third quarter valued at approximately $349,000. Raymond James & Associates grew its holdings in iShares U.S. Utilities ETF by 28.5% in the 3rd quarter. Raymond James & Associates now owns 25,068 shares of the company’s stock worth $2,557,000 after acquiring an additional 5,560 shares during the last quarter. Commonwealth Equity Services LLC increased its position in shares of 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 valued at $10,971,000 after acquiring an additional 12,692 shares during the period. Keystone Wealth Services LLC bought a new position in shares of iShares U.S. Utilities ETF during the third quarter valued at about $216,000. Finally, Gimbal Financial purchased a new stake in shares of iShares U.S. Utilities ETF during the third quarter worth about $7,957,000.

iShares U.S. Utilities ETF Price Performance

Shares of NYSEARCA:IDU opened at $105.57 on Friday. The stock’s 50-day moving average is $101.85 and its 200 day moving average is $95.79. The company has a market cap of $1.13 billion, a PE ratio of 25.14 and a beta of 0.48. iShares U.S. Utilities ETF has a 1 year low of $75.93 and a 1 year high of $106.16.

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.