iShares U.S. Utilities ETF (NYSEARCA:IDU) Holdings Lifted by Jaffetilchin Investment Partners LLC

Jaffetilchin Investment Partners LLC grew its position in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 26.3% in the 1st quarter, Holdings Channel.com reports. The firm owned 10,737 shares of the company’s stock after buying an additional 2,238 shares during the period. Jaffetilchin Investment Partners LLC’s holdings in iShares U.S. Utilities ETF were worth $1,089,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of IDU. Raymond James Financial Inc. bought a new position in iShares U.S. Utilities ETF in the 4th quarter worth about $18,143,000. MinichMacGregor Wealth Management LLC bought a new position in iShares U.S. Utilities ETF in the 1st quarter worth about $11,476,000. Arrien Investments Inc. bought a new position in iShares U.S. Utilities ETF in the 4th quarter worth about $7,166,000. Three Seasons Wealth LLC bought a new position in iShares U.S. Utilities ETF in the 4th quarter worth about $6,591,000. Finally, Two Sigma Investments LP bought a new position in iShares U.S. Utilities ETF in the 4th quarter worth about $5,455,000.

iShares U.S. Utilities ETF Trading Up 0.1%

NYSEARCA IDU opened at $104.16 on Friday. iShares U.S. Utilities ETF has a 52 week low of $87.03 and a 52 week high of $106.71. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 21.86 and a beta of 0.53. The company has a 50-day moving average price of $103.35 and a two-hundred day moving average price of $100.59.

About iShares U.S. Utilities ETF

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.