Country Club Bank Lowers Position in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Country Club Bank trimmed its stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 2.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 63,277 shares of the company’s stock after selling 1,764 shares during the period. Country Club Bank owned 0.59% of iShares U.S. Utilities ETF worth $6,419,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Bensler LLC grew its position in shares of iShares U.S. Utilities ETF by 2,672.0% during the second quarter. Bensler LLC now owns 188,659 shares of the company’s stock valued at $16,579,000 after purchasing an additional 181,853 shares in the last quarter. Pinkerton Retirement Specialists LLC purchased a new position in iShares U.S. Utilities ETF during the 2nd quarter valued at approximately $8,491,000. Norden Group LLC purchased a new position in iShares U.S. Utilities ETF during the 2nd quarter valued at approximately $7,168,000. Moloney Securities Asset Management LLC bought a new stake in iShares U.S. Utilities ETF in the 2nd quarter worth approximately $7,051,000. Finally, Brookstone Capital Management purchased a new stake in shares of iShares U.S. Utilities ETF during the 2nd quarter worth approximately $4,768,000.

iShares U.S. Utilities ETF Stock Performance

NYSEARCA IDU opened at $101.57 on Friday. The stock has a 50 day moving average price of $99.78 and a 200-day moving average price of $93.03. iShares U.S. Utilities ETF has a one year low of $73.19 and a one year high of $104.15. The company has a market capitalization of $1.09 billion, a P/E ratio of 25.14 and a beta of 0.48.

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.