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

Field & Main Bank reduced its position in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 10.1% in the 1st quarter, Holdings Channel reports. The fund owned 2,750 shares of the company’s stock after selling 310 shares during the period. Field & Main Bank’s holdings in iShares U.S. Utilities ETF were worth $279,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Oppenheimer & Co. Inc. grew its position in shares of iShares U.S. Utilities ETF by 2.1% in the first quarter. Oppenheimer & Co. Inc. now owns 5,122 shares of the company’s stock valued at $519,000 after purchasing an additional 104 shares during the period. WealthCare Investment Partners LLC grew its holdings in iShares U.S. Utilities ETF by 81.8% in the 1st quarter. WealthCare Investment Partners LLC now owns 13,942 shares of the company’s stock valued at $1,366,000 after buying an additional 6,274 shares during the period. MinichMacGregor Wealth Management LLC acquired a new position in shares of iShares U.S. Utilities ETF during the 1st quarter valued at about $11,476,000. Buck Wealth Strategies LLC acquired a new position in shares of iShares U.S. Utilities ETF during the 1st quarter valued at about $701,000. Finally, Johnson Investment Counsel Inc. lifted its holdings in shares of iShares U.S. Utilities ETF by 7.2% during the 1st quarter. Johnson Investment Counsel Inc. now owns 2,523 shares of the company’s stock worth $256,000 after acquiring an additional 170 shares during the period.

iShares U.S. Utilities ETF Stock Performance

IDU opened at $104.79 on Wednesday. iShares U.S. Utilities ETF has a 1 year low of $87.03 and a 1 year high of $106.71. The company’s 50 day simple moving average is $103.12 and its 200 day simple moving average is $100.51. The stock has a market capitalization of $1.47 billion, a PE ratio of 21.86 and a beta of 0.60.

iShares U.S. Utilities ETF 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.