PNC Financial Services Group Inc. Sells 382 Shares of iShares U.S. Utilities ETF (NYSEARCA:IDU)

PNC Financial Services Group Inc. lowered its position in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 1.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,610 shares of the company’s stock after selling 382 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares U.S. Utilities ETF were worth $2,715,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Creative Planning purchased a new position in iShares U.S. Utilities ETF in the third quarter worth $349,000. Raymond James & Associates raised its stake in shares of iShares U.S. Utilities ETF by 28.5% during the 3rd quarter. Raymond James & Associates now owns 25,068 shares of the company’s stock worth $2,557,000 after purchasing an additional 5,560 shares during the period. Commonwealth Equity Services LLC boosted its holdings in shares of iShares U.S. Utilities ETF by 11.3% in the 2nd 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 last quarter. Keystone Wealth Services LLC bought a new position in iShares U.S. Utilities ETF during the third quarter valued at about $216,000. Finally, Gimbal Financial purchased a new stake in iShares U.S. Utilities ETF during the third quarter worth about $7,957,000.

iShares U.S. Utilities ETF Stock Performance

Shares of IDU stock opened at $104.01 on Tuesday. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of 25.14 and a beta of 0.48. iShares U.S. Utilities ETF has a 52 week low of $75.93 and a 52 week high of $104.67. The firm’s 50-day simple moving average is $101.32 and its two-hundred day simple moving average is $95.36.

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.