iShares U.S. Utilities ETF (NYSEARCA:IDU) Reaches New 1-Year High at $86.27

iShares U.S. Utilities ETF (NYSEARCA:IDU)’s stock price reached a new 52-week high on Monday . The stock traded as high as $86.27 and last traded at $86.13, with a volume of 14103 shares traded. The stock had previously closed at $85.03.

iShares U.S. Utilities ETF Price Performance

The firm has a fifty day moving average of $82.24 and a two-hundred day moving average of $79.36. The stock has a market capitalization of $896.27 million, a P/E ratio of 23.49 and a beta of 0.48.

Institutional Trading of iShares U.S. Utilities ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Laurel Wealth Advisors LLC raised its holdings in iShares U.S. Utilities ETF by 29.0% in the third quarter. Laurel Wealth Advisors LLC now owns 668 shares of the company’s stock worth $49,000 after purchasing an additional 150 shares in the last quarter. Madden Advisory Services Inc. grew its stake in shares of iShares U.S. Utilities ETF by 3.6% during the third quarter. Madden Advisory Services Inc. now owns 4,357 shares of the company’s stock worth $321,000 after acquiring an additional 153 shares during the last quarter. Retirement Planning Group LLC grew its stake in shares of iShares U.S. Utilities ETF by 6.7% during the first quarter. Retirement Planning Group LLC now owns 2,670 shares of the company’s stock worth $226,000 after acquiring an additional 167 shares during the last quarter. Great Lakes Advisors LLC grew its stake in shares of iShares U.S. Utilities ETF by 1.1% during the third quarter. Great Lakes Advisors LLC now owns 15,975 shares of the company’s stock worth $1,175,000 after acquiring an additional 169 shares during the last quarter. Finally, J.W. Cole Advisors Inc. grew its stake in shares of iShares U.S. Utilities ETF by 4.0% during the fourth quarter. J.W. Cole Advisors Inc. now owns 5,524 shares of the company’s stock worth $441,000 after acquiring an additional 213 shares during the last quarter.

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.