Wealthstar Advisors LLC Acquires New Position in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Wealthstar Advisors LLC bought a new position in iShares U.S. Utilities ETF (NYSEARCA:IDU) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 17,302 shares of the company’s stock, valued at approximately $1,665,000.

Several other large investors also recently bought and sold shares of the stock. Cetera Investment Advisers lifted its stake in shares of iShares U.S. Utilities ETF by 23.5% during the second quarter. Cetera Investment Advisers now owns 26,551 shares of the company’s stock worth $2,333,000 after buying an additional 5,052 shares during the period. Koshinski Asset Management Inc. raised its stake in iShares U.S. Utilities ETF by 3.8% in the 3rd quarter. Koshinski Asset Management Inc. now owns 11,182 shares of the company’s stock worth $1,141,000 after acquiring an additional 406 shares during the last quarter. Empirical Asset Management LLC lifted its position in iShares U.S. Utilities ETF by 11.7% during the 3rd quarter. Empirical Asset Management LLC now owns 4,400 shares of the company’s stock worth $449,000 after acquiring an additional 461 shares during the period. Creative Planning purchased a new stake in iShares U.S. Utilities ETF during the 3rd quarter valued at about $349,000. Finally, Keystone Wealth Services LLC purchased a new stake in iShares U.S. Utilities ETF during the 3rd quarter valued at about $216,000.

iShares U.S. Utilities ETF Stock Down 0.2 %

Shares of NYSEARCA:IDU opened at $99.93 on Monday. iShares U.S. Utilities ETF has a 52-week low of $75.93 and a 52-week high of $106.16. The stock has a market cap of $1.07 billion, a price-to-earnings ratio of 25.14 and a beta of 0.48. The business has a 50-day moving average price of $98.56 and a 200-day moving average price of $98.90.

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.