Shares of iShares U.S. Utilities ETF (NYSEARCA:IDU – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 148,506 shares were traded during trading, an increase of 218% from the previous session’s volume of 46,709 shares.The stock last traded at $84.86 and had previously closed at $85.58.
iShares U.S. Utilities ETF Stock Performance
The firm has a 50-day moving average of $82.11 and a 200-day moving average of $79.19. The firm has a market capitalization of $884.32 million, a P/E ratio of 23.49 and a beta of 0.48.
Institutional Investors Weigh In On iShares U.S. Utilities ETF
A number of large investors have recently made changes to their positions in the business. Modera Wealth Management LLC bought a new stake in shares of iShares U.S. Utilities ETF in the 3rd quarter worth approximately $8,792,000. Raymond James Financial Services Advisors Inc. grew its position in shares of iShares U.S. Utilities ETF by 4.0% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 101,617 shares of the company’s stock worth $8,589,000 after buying an additional 3,911 shares during the last quarter. Country Club Bank GFN grew its position in shares of iShares U.S. Utilities ETF by 0.3% in the 3rd quarter. Country Club Bank GFN now owns 81,114 shares of the company’s stock worth $5,959,000 after buying an additional 280 shares during the last quarter. Raymond James & Associates grew its position in shares of iShares U.S. Utilities ETF by 55.9% in the 3rd quarter. Raymond James & Associates now owns 64,593 shares of the company’s stock worth $4,753,000 after buying an additional 23,160 shares during the last quarter. Finally, Bellwether Advisors LLC bought a new stake in shares of iShares U.S. Utilities ETF in the 3rd quarter worth approximately $4,653,000.
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.
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