Saxony Capital Management LLC Purchases 212 Shares of iShares U.S. Utilities ETF (NYSEARCA:IDU)

Saxony Capital Management LLC increased its holdings in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 7.4% during the 4th quarter, HoldingsChannel reports. The fund owned 3,088 shares of the company’s stock after buying an additional 212 shares during the period. Saxony Capital Management LLC’s holdings in iShares U.S. Utilities ETF were worth $297,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of IDU. Strategic Investment Solutions Inc. IL bought a new stake in shares of iShares U.S. Utilities ETF in the 2nd quarter worth approximately $62,000. New Wave Wealth Advisors LLC purchased a new position in iShares U.S. Utilities ETF during the fourth quarter valued at $117,000. Trilogy Capital Inc. bought a new stake in iShares U.S. Utilities ETF in the third quarter worth $206,000. Vertex Planning Partners LLC purchased a new position in shares of iShares U.S. Utilities ETF during the third quarter valued at approximately $211,000. Finally, Rede Wealth LLC bought a new position in iShares U.S. Utilities ETF during the third quarter valued at approximately $212,000.

iShares U.S. Utilities ETF Trading Up 2.5 %

NYSEARCA:IDU opened at $100.15 on Friday. The company has a market cap of $1.08 billion, a PE ratio of 25.14 and a beta of 0.48. The company has a 50 day simple moving average of $99.17 and a two-hundred day simple moving average of $98.40. iShares U.S. Utilities ETF has a 12 month low of $75.93 and a 12 month 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.