Croban Raises Stock Holdings in iShares U.S. Utilities ETF $IDU

Croban raised its holdings in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 1.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,532 shares of the company’s stock after acquiring an additional 359 shares during the period. iShares U.S. Utilities ETF comprises approximately 2.7% of Croban’s portfolio, making the stock its 7th biggest holding. Croban’s holdings in iShares U.S. Utilities ETF were worth $3,193,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Wealthstar Advisors LLC grew its position in iShares U.S. Utilities ETF by 17.8% during the second quarter. Wealthstar Advisors LLC now owns 22,040 shares of the company’s stock valued at $2,305,000 after acquiring an additional 3,336 shares during the last quarter. Valmark Advisers Inc. bought a new position in iShares U.S. Utilities ETF during the second quarter valued at approximately $204,000. CPR Investments Inc. grew its position in iShares U.S. Utilities ETF by 3.8% during the second quarter. CPR Investments Inc. now owns 27,352 shares of the company’s stock valued at $2,860,000 after acquiring an additional 989 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of iShares U.S. Utilities ETF during the second quarter valued at approximately $136,000. Finally, Yeomans Consulting Group Inc. purchased a new stake in shares of iShares U.S. Utilities ETF during the second quarter valued at approximately $1,008,000.

iShares U.S. Utilities ETF Stock Down 0.4%

Shares of NYSEARCA IDU opened at $113.93 on Friday. iShares U.S. Utilities ETF has a 52 week low of $91.91 and a 52 week high of $115.36. The firm’s fifty day moving average is $109.37 and its 200 day moving average is $105.30. The company has a market cap of $1.53 billion, a price-to-earnings ratio of 21.72 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.