Madden Advisory Services Inc. lifted its holdings in shares of iShares US Utilities ETF (NYSEARCA:IDU) by 18.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 4,905 shares of the company’s stock after purchasing an additional 747 shares during the period. Madden Advisory Services Inc. owned about 0.11% of iShares US Utilities ETF worth $647,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in IDU. Dowling & Yahnke LLC grew its holdings in shares of iShares US Utilities ETF by 5.0% during the 1st quarter. Dowling & Yahnke LLC now owns 16,552 shares of the company’s stock valued at $2,110,000 after purchasing an additional 783 shares during the last quarter. Sigma Investment Counselors Inc. grew its holdings in shares of iShares US Utilities ETF by 7.8% during the 1st quarter. Sigma Investment Counselors Inc. now owns 6,485 shares of the company’s stock valued at $826,000 after purchasing an additional 467 shares during the last quarter. Grimes & Company Inc. bought a new position in shares of iShares US Utilities ETF during the 1st quarter valued at $569,000. Private Advisor Group LLC grew its holdings in shares of iShares US Utilities ETF by 45.2% during the 1st quarter. Private Advisor Group LLC now owns 6,726 shares of the company’s stock valued at $857,000 after purchasing an additional 2,094 shares during the last quarter. Finally, Stratos Wealth Partners LTD. grew its holdings in shares of iShares US Utilities ETF by 27.1% during the 1st quarter. Stratos Wealth Partners LTD. now owns 2,052 shares of the company’s stock valued at $262,000 after purchasing an additional 438 shares during the last quarter.

iShares US Utilities ETF opened at $134.57 on Monday, MarketBeat.com reports. iShares US Utilities ETF has a 52 week low of $119.51 and a 52 week high of $142.50.

About iShares US Utilities ETF

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.

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Institutional Ownership by Quarter for iShares US Utilities ETF (NYSEARCA:IDU)

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