Franklin Resources Inc. bought a new stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report) during the 4th quarter, Holdings Channel reports. The firm bought 5,420 shares of the company’s stock, valued at approximately $521,000.
A number of other institutional investors have also recently made changes to their positions in IDU. Stifel Financial Corp grew its holdings in shares of iShares U.S. Utilities ETF by 30.1% in the third quarter. Stifel Financial Corp now owns 9,093 shares of the company’s stock worth $928,000 after acquiring an additional 2,103 shares during the period. Fulcrum Equity Management bought a new stake in shares of iShares U.S. Utilities ETF during the 3rd quarter valued at about $1,173,000. Sanctuary Advisors LLC purchased a new position in shares of iShares U.S. Utilities ETF in the third quarter worth approximately $778,000. JPMorgan Chase & Co. grew its position in iShares U.S. Utilities ETF by 30.6% during the third quarter. JPMorgan Chase & Co. now owns 10,005 shares of the company’s stock valued at $1,021,000 after buying an additional 2,343 shares during the period. Finally, CPR Investments Inc. bought a new stake in iShares U.S. Utilities ETF during the fourth quarter valued at approximately $2,373,000.
iShares U.S. Utilities ETF Trading Up 1.0 %
IDU opened at $100.23 on Friday. The firm’s 50 day simple moving average is $100.02 and its two-hundred day simple moving average is $100.09. The company has a market capitalization of $1.40 billion, a PE ratio of 20.01 and a beta of 0.57. iShares U.S. Utilities ETF has a 1-year low of $82.09 and a 1-year high of $106.16.
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.
Featured Articles
- Five stocks we like better than iShares U.S. Utilities ETF
- What is the Euro STOXX 50 Index?
- Tariff Exemptions Set the Stage for a Taiwan Semiconductor Rally
- Where Do I Find 52-Week Highs and Lows?
- Mitigating Tariffs: 3 Stocks to Gain From a Weaker U.S. Dollar
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Broadcom’s Apple Relationship: AI Opportunity Meets Tariff Risk
Want to see what other hedge funds are holding IDU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report).
Receive News & Ratings for iShares U.S. Utilities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Utilities ETF and related companies with MarketBeat.com's FREE daily email newsletter.
