Clal Insurance Enterprises Holdings Ltd Purchases New Holdings in iShares U.S. Utilities ETF $IDU

Clal Insurance Enterprises Holdings Ltd purchased a new stake in iShares U.S. Utilities ETF (NYSEARCA:IDU) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,000 shares of the company’s stock, valued at approximately $1,084,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IDU. Gamco Investors INC. ET AL purchased a new position in iShares U.S. Utilities ETF in the second quarter valued at about $269,000. Qube Research & Technologies Ltd boosted its holdings in iShares U.S. Utilities ETF by 99.8% in the second quarter. Qube Research & Technologies Ltd now owns 2,146 shares of the company’s stock valued at $224,000 after purchasing an additional 1,072 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in iShares U.S. Utilities ETF by 1.2% in the second quarter. NewEdge Advisors LLC now owns 20,855 shares of the company’s stock valued at $2,181,000 after purchasing an additional 244 shares during the last quarter. Quantinno Capital Management LP boosted its holdings in iShares U.S. Utilities ETF by 58.2% in the second quarter. Quantinno Capital Management LP now owns 6,455 shares of the company’s stock valued at $675,000 after purchasing an additional 2,374 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in iShares U.S. Utilities ETF by 8.6% in the second quarter. Raymond James Financial Inc. now owns 205,135 shares of the company’s stock valued at $21,451,000 after purchasing an additional 16,173 shares during the last quarter.

iShares U.S. Utilities ETF Stock Performance

Shares of IDU opened at $112.58 on Friday. The company has a market capitalization of $1.54 billion, a P/E ratio of 21.72 and a beta of 0.58. iShares U.S. Utilities ETF has a one year low of $102.22 and a one year high of $120.82. The stock has a 50-day moving average price of $114.41 and a 200 day moving average price of $113.15.

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. Its components primarily include utilities companies. BlackRock Fund Advisors acts as an investment adviser of the Fund.