Empirical Asset Management LLC Grows Stock Holdings in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Empirical Asset Management LLC increased its stake in iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report) by 11.7% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,400 shares of the company’s stock after buying an additional 461 shares during the period. Empirical Asset Management LLC’s holdings in iShares U.S. Utilities ETF were worth $449,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Bensler LLC raised its holdings in iShares U.S. Utilities ETF by 2,672.0% in the second quarter. Bensler LLC now owns 188,659 shares of the company’s stock worth $16,579,000 after buying an additional 181,853 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in iShares U.S. Utilities ETF by 11.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 124,841 shares of the company’s stock valued at $10,971,000 after purchasing an additional 12,692 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in shares of iShares U.S. Utilities ETF by 19.5% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 121,434 shares of the company’s stock worth $10,672,000 after purchasing an additional 19,817 shares in the last quarter. Pinkerton Retirement Specialists LLC purchased a new position in shares of iShares U.S. Utilities ETF in the second quarter worth $8,491,000. Finally, Norden Group LLC bought a new position in shares of iShares U.S. Utilities ETF during the second quarter valued at $7,168,000.

iShares U.S. Utilities ETF Stock Performance

NYSEARCA IDU opened at $101.74 on Tuesday. iShares U.S. Utilities ETF has a one year low of $71.73 and a one year high of $103.41. The stock has a 50-day moving average of $98.16 and a 200 day moving average of $91.96. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of 25.14 and a beta of 0.48.

iShares U.S. Utilities ETF Company Profile

(Free Report)

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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