Stephens Inc. AR Grows Position in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Stephens Inc. AR boosted its stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 15.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,836 shares of the company’s stock after acquiring an additional 2,211 shares during the period. Stephens Inc. AR’s holdings in iShares U.S. Utilities ETF were worth $1,620,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. New Wave Wealth Advisors LLC purchased a new position in iShares U.S. Utilities ETF during the fourth quarter worth $117,000. Trilogy Capital Inc. purchased a new position in shares of iShares U.S. Utilities ETF in the 3rd quarter valued at $206,000. Vertex Planning Partners LLC purchased a new stake in shares of iShares U.S. Utilities ETF during the third quarter valued at about $211,000. Rede Wealth LLC purchased a new position in iShares U.S. Utilities ETF during the 3rd quarter worth $212,000. Finally, Keystone Wealth Services LLC purchased a new position in iShares U.S. Utilities ETF in the 3rd quarter worth $216,000.

iShares U.S. Utilities ETF Trading Down 0.1 %

Shares of NYSEARCA IDU opened at $101.28 on Thursday. The stock has a market cap of $1.09 billion, a price-to-earnings ratio of 25.14 and a beta of 0.48. The company has a 50 day simple moving average of $98.46 and a two-hundred day simple moving average of $99.07. 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 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.