Corient Private Wealth LLC Has $2.13 Million Holdings in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Corient Private Wealth LLC lowered its position in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 8.3% during the fourth quarter, Holdings Channel reports. The firm owned 22,118 shares of the company’s stock after selling 2,013 shares during the period. Corient Private Wealth LLC’s holdings in iShares U.S. Utilities ETF were worth $2,128,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Picton Mahoney Asset Management bought a new position in iShares U.S. Utilities ETF during the fourth quarter worth $87,000. New Wave Wealth Advisors LLC bought a new position in shares of iShares U.S. Utilities ETF in the 4th quarter worth about $117,000. Hilltop Holdings Inc. bought a new position in shares of iShares U.S. Utilities ETF in the 3rd quarter worth about $224,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of iShares U.S. Utilities ETF in the 4th quarter valued at about $228,000. Finally, Thrivent Financial for Lutherans bought a new stake in shares of iShares U.S. Utilities ETF during the 3rd quarter valued at about $240,000.

iShares U.S. Utilities ETF Stock Performance

Shares of IDU stock opened at $100.39 on Tuesday. iShares U.S. Utilities ETF has a fifty-two week low of $80.68 and a fifty-two week high of $106.16. The stock has a 50 day simple moving average of $100.35 and a two-hundred day simple moving average of $100.24. The company has a market cap of $1.36 billion, a P/E ratio of 21.12 and a beta of 0.61.

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.