S&A Financial Services Inc. bought a new position in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 4,825 shares of the company’s stock, valued at approximately $560,000.
Other large investors have also added to or reduced their stakes in the company. Hsbc Holdings PLC increased its stake in shares of iShares U.S. Utilities ETF by 24,187.0% in the fourth quarter. Hsbc Holdings PLC now owns 728,611 shares of the company’s stock worth $78,952,000 after purchasing an additional 725,611 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of iShares U.S. Utilities ETF by 88.0% during the 2nd quarter. Bank of America Corp DE now owns 938,296 shares of the company’s stock valued at $98,118,000 after buying an additional 439,316 shares in the last quarter. Camarda Financial Advisors LLC purchased a new position in shares of iShares U.S. Utilities ETF during the 2nd quarter valued at $13,327,000. Goldman Sachs Group Inc. boosted its holdings in iShares U.S. Utilities ETF by 629.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 127,535 shares of the company’s stock worth $13,820,000 after buying an additional 110,043 shares during the period. Finally, Corient Private Wealth LLC boosted its holdings in iShares U.S. Utilities ETF by 3,828.9% in the 4th quarter. Corient Private Wealth LLC now owns 80,935 shares of the company’s stock worth $8,770,000 after buying an additional 78,875 shares during the period.
iShares U.S. Utilities ETF Stock Performance
Shares of IDU stock opened at $112.39 on Monday. The stock has a fifty day simple moving average of $113.88 and a two-hundred day simple moving average of $114.51. The firm has a market capitalization of $1.40 billion, a PE ratio of 21.72 and a beta of 0.58. iShares U.S. Utilities ETF has a 52-week low of $105.06 and a 52-week high of $120.82.
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. Its components primarily include utilities companies. BlackRock Fund Advisors acts as an investment adviser of the Fund.
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