Citadel Advisors LLC raised its position in iShares U.S. Utilities ETF (NYSEARCA:IDU – Free Report) by 863.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,771 shares of the company’s stock after buying an additional 18,616 shares during the quarter. Citadel Advisors LLC owned about 0.16% of iShares U.S. Utilities ETF worth $2,381,000 at the end of the most recent reporting period.
Several other large investors also recently added to or reduced their stakes in the company. Strive Financial Group LLC bought a new position in iShares U.S. Utilities ETF during the fourth quarter worth about $30,000. Arax Advisory Partners purchased a new position in iShares U.S. Utilities ETF in the 4th quarter valued at approximately $31,000. BOKF NA bought a new stake in iShares U.S. Utilities ETF during the 3rd quarter valued at $35,000. Western Wealth Management LLC purchased a new stake in shares of iShares U.S. Utilities ETF during the first quarter worth $38,000. Finally, Matrix Private Capital Group LLC bought a new position in shares of iShares U.S. Utilities ETF in the first quarter worth $46,000.
iShares U.S. Utilities ETF Stock Performance
NYSEARCA:IDU opened at $110.48 on Wednesday. The business’s fifty day moving average is $112.57 and its 200 day moving average is $114.36. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of 21.72 and a beta of 0.57. iShares U.S. Utilities ETF has a 52-week low of $105.13 and a 52-week high of $120.82.
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. Its components primarily include utilities companies. BlackRock Fund Advisors acts as an investment adviser of the Fund.
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