iShares U.S. Utilities ETF $IDU Stake Increased by Fifth Third Bancorp

Fifth Third Bancorp increased its holdings in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 12,706.0% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 10,757 shares of the company’s stock after purchasing an additional 10,673 shares during the quarter. Fifth Third Bancorp’s holdings in iShares U.S. Utilities ETF were worth $1,249,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Gamco Investors INC. ET AL purchased a new position in iShares U.S. Utilities ETF during the second quarter valued at approximately $269,000. Qube Research & Technologies Ltd increased 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 worth $224,000 after buying an additional 1,072 shares during the last quarter. NewEdge Advisors LLC raised its position in iShares U.S. Utilities ETF by 1.2% during the second quarter. NewEdge Advisors LLC now owns 20,855 shares of the company’s stock valued at $2,181,000 after acquiring an additional 244 shares in the last quarter. Quantinno Capital Management LP raised its position in iShares U.S. Utilities ETF by 58.2% during the second quarter. Quantinno Capital Management LP now owns 6,455 shares of the company’s stock valued at $675,000 after acquiring an additional 2,374 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its stake 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 acquiring an additional 16,173 shares during the last quarter.

iShares U.S. Utilities ETF Stock Up 0.1%

IDU stock opened at $117.16 on Friday. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 21.72 and a beta of 0.58. iShares U.S. Utilities ETF has a 12 month low of $105.06 and a 12 month high of $120.82. The firm has a 50 day moving average of $113.76 and a two-hundred day moving average of $114.23.

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.