Bison Wealth LLC Trims Stock Position in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Bison Wealth LLC lowered its stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 9.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 5,242 shares of the company’s stock after selling 552 shares during the period. Bison Wealth LLC’s holdings in iShares U.S. Utilities ETF were worth $419,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Stratos Wealth Advisors LLC increased its stake in shares of iShares U.S. Utilities ETF by 3.0% in the 4th quarter. Stratos Wealth Advisors LLC now owns 27,291 shares of the company’s stock valued at $2,181,000 after purchasing an additional 803 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in shares of iShares U.S. Utilities ETF by 2.2% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 97,706 shares of the company’s stock valued at $7,810,000 after purchasing an additional 2,070 shares in the last quarter. Sowell Financial Services LLC purchased a new position in shares of iShares U.S. Utilities ETF in the 4th quarter valued at about $1,080,000. Cambridge Investment Research Advisors Inc. increased its stake in shares of iShares U.S. Utilities ETF by 3.6% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 23,944 shares of the company’s stock valued at $1,762,000 after purchasing an additional 830 shares in the last quarter. Finally, Capital Investment Advisors LLC increased its stake in shares of iShares U.S. Utilities ETF by 2.9% in the 4th quarter. Capital Investment Advisors LLC now owns 8,121 shares of the company’s stock valued at $649,000 after purchasing an additional 231 shares in the last quarter.

iShares U.S. Utilities ETF Stock Down 1.0 %

Shares of iShares U.S. Utilities ETF stock opened at $81.05 on Wednesday. iShares U.S. Utilities ETF has a twelve month low of $68.87 and a twelve month high of $86.54. The business has a 50-day moving average price of $81.12 and a 200 day moving average price of $78.65. The firm has a market cap of $871.29 million, a PE ratio of 22.50 and a beta of 0.53.

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.