Picton Mahoney Asset Management Invests $87,000 in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Picton Mahoney Asset Management acquired a new stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 900 shares of the company’s stock, valued at approximately $87,000.

Several other institutional investors also recently bought and sold shares of IDU. Stifel Financial Corp grew its holdings in shares of iShares U.S. Utilities ETF by 30.1% during the third quarter. Stifel Financial Corp now owns 9,093 shares of the company’s stock valued at $928,000 after buying an additional 2,103 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in iShares U.S. Utilities ETF by 30.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,005 shares of the company’s stock valued at $1,021,000 after purchasing an additional 2,343 shares during the last quarter. Glenmede Trust Co. NA purchased a new stake in iShares U.S. Utilities ETF during the 3rd quarter valued at $245,000. Cerity Partners LLC increased its holdings in shares of iShares U.S. Utilities ETF by 478.9% in the 3rd quarter. Cerity Partners LLC now owns 14,472 shares of the company’s stock worth $1,476,000 after purchasing an additional 11,972 shares in the last quarter. Finally, Thrivent Financial for Lutherans purchased a new position in shares of iShares U.S. Utilities ETF in the third quarter worth $240,000.

iShares U.S. Utilities ETF Price Performance

iShares U.S. Utilities ETF stock opened at $100.93 on Monday. iShares U.S. Utilities ETF has a one year low of $80.68 and a one year high of $106.16. The business’s fifty day moving average is $99.84 and its 200 day moving average is $100.10. The stock has a market capitalization of $1.46 billion, a PE ratio of 21.58 and a beta of 0.61.

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.