iShares U.S. Utilities ETF (NYSEARCA:IDU) Shares Acquired by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC raised its stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 3.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 83,394 shares of the company’s stock after purchasing an additional 3,158 shares during the quarter. iShares U.S. Utilities ETF comprises 1.1% of Moloney Securities Asset Management LLC’s holdings, making the stock its 12th biggest position. Moloney Securities Asset Management LLC owned approximately 0.78% of iShares U.S. Utilities ETF worth $8,508,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of IDU. International Assets Investment Management LLC purchased a new stake in iShares U.S. Utilities ETF during the second quarter worth $29,000. Chris Bulman Inc purchased a new position in iShares U.S. Utilities ETF during the second quarter valued at $33,000. Strategic Investment Solutions Inc. IL purchased a new position in iShares U.S. Utilities ETF during the second quarter valued at $62,000. Yeomans Consulting Group Inc. purchased a new position in iShares U.S. Utilities ETF during the second quarter valued at $200,000. Finally, Trilogy Capital Inc. purchased a new position in shares of iShares U.S. Utilities ETF in the third quarter worth about $206,000.

iShares U.S. Utilities ETF Trading Down 1.0 %

NYSEARCA:IDU opened at $98.12 on Tuesday. The company’s 50-day moving average price is $100.29 and its 200-day moving average price is $93.92. The company has a market cap of $1.05 billion, a P/E ratio of 25.14 and a beta of 0.48. iShares U.S. Utilities ETF has a twelve month low of $74.84 and a twelve month high of $104.15.

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.