Koshinski Asset Management Inc. lifted its stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report) by 20.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,521 shares of the company’s stock after acquiring an additional 2,339 shares during the quarter. Koshinski Asset Management Inc. owned about 0.13% of iShares U.S. Utilities ETF worth $1,301,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of the company. Bensler LLC increased its holdings in shares of iShares U.S. Utilities ETF by 19.7% in the third quarter. Bensler LLC now owns 225,859 shares of the company’s stock valued at $23,042,000 after buying an additional 37,200 shares in the last quarter. Apollon Wealth Management LLC grew its position in iShares U.S. Utilities ETF by 1,289.0% during the third quarter. Apollon Wealth Management LLC now owns 132,123 shares of the company’s stock valued at $13,479,000 after purchasing an additional 122,611 shares in the last quarter. Townsquare Capital LLC grew its holdings in shares of iShares U.S. Utilities ETF by 7.2% during the 3rd quarter. Townsquare Capital LLC now owns 87,610 shares of the company’s stock valued at $8,938,000 after acquiring an additional 5,894 shares in the last quarter. Moloney Securities Asset Management LLC raised its stake in shares of iShares U.S. Utilities ETF by 3.9% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 83,394 shares of the company’s stock worth $8,508,000 after purchasing an additional 3,158 shares in the last quarter. Finally, Gimbal Financial bought a new position in iShares U.S. Utilities ETF during the third quarter valued at approximately $7,957,000.
iShares U.S. Utilities ETF Trading Up 1.5 %
Shares of NYSEARCA:IDU opened at $101.64 on Wednesday. The stock has a market capitalization of $1.09 billion, a PE ratio of 25.14 and a beta of 0.48. The firm has a fifty day moving average price of $99.48 and a 200 day moving average price of $98.05. iShares U.S. Utilities ETF has a 1 year low of $75.93 and a 1 year high of $106.16.
About iShares U.S. Utilities ETF
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.
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