Three Seasons Wealth LLC Purchases New Shares in iShares U.S. Utilities ETF $IDU

Three Seasons Wealth LLC purchased a new position in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 39,553 shares of the company’s stock, valued at approximately $4,286,000. iShares U.S. Utilities ETF accounts for about 0.4% of Three Seasons Wealth LLC’s portfolio, making the stock its 16th biggest holding.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Sovran Advisors LLC bought a new position in shares of iShares U.S. Utilities ETF during the third quarter worth approximately $920,000. Brendel Financial Advisors LLC bought a new stake in shares of iShares U.S. Utilities ETF in the third quarter valued at approximately $951,000. Commonwealth Equity Services LLC boosted its stake in shares of iShares U.S. Utilities ETF by 9.8% in the third quarter. Commonwealth Equity Services LLC now owns 118,733 shares of the company’s stock valued at $13,167,000 after buying an additional 10,594 shares during the period. Osaic Holdings Inc. grew its position in iShares U.S. Utilities ETF by 72.0% during the second quarter. Osaic Holdings Inc. now owns 87,941 shares of the company’s stock worth $9,202,000 after buying an additional 36,800 shares in the last quarter. Finally, Lifestyle Asset Management Inc. acquired a new stake in iShares U.S. Utilities ETF during the third quarter worth approximately $1,631,000.

iShares U.S. Utilities ETF Price Performance

iShares U.S. Utilities ETF stock opened at $116.11 on Wednesday. The firm has a market cap of $1.43 billion, a PE ratio of 21.72 and a beta of 0.61. The stock’s fifty day moving average price is $114.99 and its two-hundred day moving average price is $112.32. iShares U.S. Utilities ETF has a one year low of $91.91 and a one year high of $120.82.

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.