Fort Washington Investment Advisors Inc. OH Reduces Stock Position in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Fort Washington Investment Advisors Inc. OH cut its stake in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 8.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 4,500 shares of the company’s stock after selling 400 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in iShares U.S. Utilities ETF were worth $433,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in IDU. Envestnet Asset Management Inc. grew its position in iShares U.S. Utilities ETF by 25.2% in the second quarter. Envestnet Asset Management Inc. now owns 76,830 shares of the company’s stock worth $6,752,000 after acquiring an additional 15,468 shares during the period. NewEdge Advisors LLC grew its position in iShares U.S. Utilities ETF by 2.6% in the second quarter. NewEdge Advisors LLC now owns 18,553 shares of the company’s stock worth $1,630,000 after acquiring an additional 476 shares during the period. Sunbelt Securities Inc. grew its position in iShares U.S. Utilities ETF by 101.9% in the second quarter. Sunbelt Securities Inc. now owns 3,269 shares of the company’s stock worth $287,000 after acquiring an additional 1,650 shares during the period. EP Wealth Advisors LLC purchased a new position in iShares U.S. Utilities ETF in the second quarter worth approximately $392,000. Finally, Truist Financial Corp boosted its position in shares of iShares U.S. Utilities ETF by 3.5% during the second quarter. Truist Financial Corp now owns 41,266 shares of the company’s stock worth $3,626,000 after buying an additional 1,405 shares during the period.

iShares U.S. Utilities ETF Stock Up 0.3 %

IDU opened at $99.90 on Friday. iShares U.S. Utilities ETF has a 52 week low of $75.93 and a 52 week high of $106.16. The business has a fifty day simple moving average of $99.47 and a 200-day simple moving average of $98.06. The firm has a market cap of $1.07 billion, a P/E ratio of 25.14 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.