iShares U.S. Utilities ETF (NYSEARCA:IDU) Shares Sold by NTV Asset Management LLC

NTV Asset Management LLC trimmed its position in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 6.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,740 shares of the company’s stock after selling 200 shares during the period. NTV Asset Management LLC’s holdings in iShares U.S. Utilities ETF were worth $219,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IDU. Modera Wealth Management LLC acquired a new stake in shares of iShares U.S. Utilities ETF during the third quarter worth about $8,792,000. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of iShares U.S. Utilities ETF by 2.2% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 97,706 shares of the company’s stock valued at $7,810,000 after buying an additional 2,070 shares during the period. Raymond James & Associates raised its position in iShares U.S. Utilities ETF by 55.9% during the third quarter. Raymond James & Associates now owns 64,593 shares of the company’s stock valued at $4,753,000 after acquiring an additional 23,160 shares in the last quarter. Bellwether Advisors LLC acquired a new stake in shares of iShares U.S. Utilities ETF during the 3rd quarter worth approximately $4,653,000. Finally, Johnson Investment Counsel Inc. increased its holdings in shares of iShares U.S. Utilities ETF by 32.9% during the 3rd quarter. Johnson Investment Counsel Inc. now owns 58,879 shares of the company’s stock valued at $4,332,000 after purchasing an additional 14,561 shares in the last quarter.

iShares U.S. Utilities ETF Price Performance

IDU stock traded up $0.76 during midday trading on Friday, hitting $87.65. 19,640 shares of the stock traded hands, compared to its average volume of 53,141. iShares U.S. Utilities ETF has a 1-year low of $68.87 and a 1-year high of $87.70. The firm has a market cap of $911.56 million, a P/E ratio of 23.49 and a beta of 0.48. The stock’s fifty day simple moving average is $83.00 and its 200-day simple moving average is $79.75.

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.