9,770 Shares in iShares U.S. Utilities ETF $IDU Bought by MLP3 LLC

MLP3 LLC bought a new position in iShares U.S. Utilities ETF (NYSEARCA:IDU) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 9,770 shares of the company’s stock, valued at approximately $1,059,000. iShares U.S. Utilities ETF accounts for 1.2% of MLP3 LLC’s investment portfolio, making the stock its 23rd biggest holding. MLP3 LLC owned approximately 0.08% of iShares U.S. Utilities ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE lifted its position in iShares U.S. Utilities ETF by 5.5% in the third quarter. Bank of America Corp DE now owns 989,938 shares of the company’s stock worth $109,784,000 after purchasing an additional 51,642 shares during the period. LPL Financial LLC lifted its position in iShares U.S. Utilities ETF by 14.0% in the fourth quarter. LPL Financial LLC now owns 411,813 shares of the company’s stock worth $44,624,000 after purchasing an additional 50,692 shares during the period. Steward Partners Investment Advisory LLC lifted its position in iShares U.S. Utilities ETF by 6.1% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 404,651 shares of the company’s stock worth $43,848,000 after purchasing an additional 23,361 shares during the period. Pinkerton Wealth LLC lifted its position in iShares U.S. Utilities ETF by 8.6% in the fourth quarter. Pinkerton Wealth LLC now owns 366,993 shares of the company’s stock worth $39,767,000 after purchasing an additional 29,151 shares during the period. Finally, Wells Fargo & Company MN lifted its position in iShares U.S. Utilities ETF by 2.8% in the fourth quarter. Wells Fargo & Company MN now owns 235,177 shares of the company’s stock worth $25,484,000 after purchasing an additional 6,397 shares during the period.

iShares U.S. Utilities ETF Price Performance

Shares of IDU stock opened at $112.58 on Monday. The stock has a market cap of $1.54 billion, a P/E ratio of 21.72 and a beta of 0.58. iShares U.S. Utilities ETF has a one year low of $102.22 and a one year high of $120.82. The stock has a fifty day moving average price of $114.41 and a 200 day moving average price of $113.16.

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. Its components primarily include utilities companies. BlackRock Fund Advisors acts as an investment adviser of the Fund.