Huntington National Bank Decreases Stake in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Huntington National Bank cut its holdings in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 0.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,853 shares of the company’s stock after selling 107 shares during the period. Huntington National Bank owned approximately 0.25% of iShares U.S. Utilities ETF worth $2,740,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. International Assets Investment Management LLC bought a new stake in iShares U.S. Utilities ETF in the 2nd quarter worth approximately $29,000. Chris Bulman Inc purchased a new stake in iShares U.S. Utilities ETF during the second quarter valued at $33,000. Strategic Investment Solutions Inc. IL purchased a new stake in iShares U.S. Utilities ETF during the second quarter valued at $62,000. Yeomans Consulting Group Inc. bought a new position in iShares U.S. Utilities ETF in the second quarter valued at about $200,000. Finally, Trilogy Capital Inc. purchased a new position in iShares U.S. Utilities ETF in the third quarter worth about $206,000.

iShares U.S. Utilities ETF Trading Up 1.3 %

Shares of IDU stock opened at $100.82 on Friday. iShares U.S. Utilities ETF has a 12 month low of $75.93 and a 12 month high of $104.15. The stock has a market cap of $1.08 billion, a P/E ratio of 25.14 and a beta of 0.48. The company has a 50 day simple moving average of $100.87 and a two-hundred day simple moving average of $94.73.

About iShares U.S. Utilities ETF

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.