iShares U.S. Utilities ETF (NYSEARCA:IDU) Shares Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC boosted its stake in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 10,133.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,770 shares of the company’s stock after acquiring an additional 33,440 shares during the period. International Assets Investment Management LLC owned 0.31% of iShares U.S. Utilities ETF worth $3,445,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in IDU. Lincoln National Corp raised its holdings in iShares U.S. Utilities ETF by 64.8% in the first quarter. Lincoln National Corp now owns 28,592 shares of the company’s stock valued at $2,417,000 after acquiring an additional 11,242 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in iShares U.S. Utilities ETF by 10.2% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 2,792 shares of the company’s stock valued at $236,000 after purchasing an additional 259 shares during the last quarter. Wealthspire Advisors LLC increased its stake in iShares U.S. Utilities ETF by 14.9% during the first quarter. Wealthspire Advisors LLC now owns 3,123 shares of the company’s stock valued at $264,000 after purchasing an additional 405 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its stake in iShares U.S. Utilities ETF by 39.1% during the first quarter. B. Riley Wealth Advisors Inc. now owns 3,724 shares of the company’s stock valued at $315,000 after purchasing an additional 1,046 shares during the last quarter. Finally, Jaffetilchin Investment Partners LLC increased its stake in iShares U.S. Utilities ETF by 31.2% during the first quarter. Jaffetilchin Investment Partners LLC now owns 8,653 shares of the company’s stock valued at $731,000 after purchasing an additional 2,059 shares during the last quarter.

iShares U.S. Utilities ETF Price Performance

IDU stock opened at $99.15 on Friday. iShares U.S. Utilities ETF has a 1-year low of $74.84 and a 1-year high of $104.15. The firm has a fifty day moving average price of $100.26 and a two-hundred day moving average price of $93.64. The firm has a market cap of $1.07 billion, a price-to-earnings 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.