iShares U.S. Utilities ETF (NYSEARCA:IDU) Shares Sold by Field & Main Bank

Field & Main Bank lowered its holdings in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 5.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,560 shares of the company’s stock after selling 190 shares during the period. Field & Main Bank’s holdings in iShares U.S. Utilities ETF were worth $285,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Wetzel Investment Advisors Inc. acquired a new stake in shares of iShares U.S. Utilities ETF during the fourth quarter valued at $41,000. Laurel Wealth Advisors LLC raised its position in shares of 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 valued at $49,000 after buying an additional 150 shares during the last quarter. Capital Analysts LLC acquired a new stake in iShares U.S. Utilities ETF during the fourth quarter worth approximately $72,000. Picton Mahoney Asset Management purchased a new stake in iShares U.S. Utilities ETF in the 3rd quarter worth approximately $138,000. Finally, Aptus Capital Advisors LLC lifted its stake in shares of iShares U.S. Utilities ETF by 110.0% during the 3rd quarter. Aptus Capital Advisors LLC now owns 1,909 shares of the company’s stock worth $140,000 after purchasing an additional 1,000 shares during the period.

iShares U.S. Utilities ETF Stock Up 1.4 %

Shares of IDU stock traded up $1.20 during trading hours on Monday, hitting $86.23. 20,275 shares of the company were exchanged, compared to its average volume of 47,679. The firm has a fifty day moving average of $82.24 and a 200 day moving average of $79.36. iShares U.S. Utilities ETF has a 1 year low of $68.87 and a 1 year high of $86.27. The firm has a market cap of $896.79 million, a PE ratio of 23.49 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.