Jones Financial Companies Lllp raised its position in iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report) by 60.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,882 shares of the company’s stock after acquiring an additional 5,590 shares during the quarter. Jones Financial Companies Lllp owned approximately 0.14% of iShares U.S. Utilities ETF worth $1,432,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in the company. Bensler LLC lifted its stake in iShares U.S. Utilities ETF by 7.6% in the fourth quarter. Bensler LLC now owns 243,010 shares of the company’s stock valued at $23,380,000 after acquiring an additional 17,151 shares during the last quarter. Apollon Wealth Management LLC lifted its stake 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 valued at $13,479,000 after acquiring an additional 122,611 shares during the last quarter. Norden Group LLC lifted its stake in iShares U.S. Utilities ETF by 5.9% in the fourth quarter. Norden Group LLC now owns 92,732 shares of the company’s stock valued at $8,922,000 after acquiring an additional 5,194 shares during the last quarter. Townsquare Capital LLC lifted its stake in iShares U.S. Utilities ETF by 7.2% in the third quarter. Townsquare Capital LLC now owns 87,610 shares of the company’s stock valued at $8,938,000 after acquiring an additional 5,894 shares during the last quarter. Finally, Moloney Securities Asset Management LLC lifted its stake in shares of iShares U.S. Utilities ETF by 0.8% during the 4th quarter. Moloney Securities Asset Management LLC now owns 84,082 shares of the company’s stock worth $8,089,000 after buying an additional 688 shares during the last quarter.
iShares U.S. Utilities ETF Stock Performance
NYSEARCA IDU opened at $99.37 on Friday. The firm has a 50-day moving average of $99.48 and a 200-day moving average of $99.89. The stock has a market cap of $1.44 billion, a PE ratio of 21.58 and a beta of 0.61. iShares U.S. Utilities ETF has a 52-week low of $80.68 and a 52-week 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.
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