iShares U.S. Utilities ETF (NYSEARCA:IDU) Shares Bought by Townsquare Capital LLC

Townsquare Capital LLC raised its stake in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 7.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 87,610 shares of the company’s stock after purchasing an additional 5,894 shares during the quarter. Townsquare Capital LLC’s holdings in iShares U.S. Utilities ETF were worth $8,938,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Cerity Partners LLC raised its stake in shares of iShares U.S. Utilities ETF by 478.9% in the 3rd quarter. Cerity Partners LLC now owns 14,472 shares of the company’s stock valued at $1,476,000 after acquiring an additional 11,972 shares during the period. Navellier & Associates Inc. purchased a new position in shares of iShares U.S. Utilities ETF in the 3rd quarter valued at $898,000. Second Half Financial Partners LLC purchased a new position in shares of iShares U.S. Utilities ETF in the 3rd quarter valued at $6,398,000. Vertex Planning Partners LLC purchased a new position in shares of iShares U.S. Utilities ETF in the 3rd quarter valued at $211,000. Finally, Thrivent Financial for Lutherans purchased a new position in shares of iShares U.S. Utilities ETF in the 3rd quarter valued at $240,000.

iShares U.S. Utilities ETF Trading Up 0.0 %

Shares of IDU stock opened at $105.52 on Thursday. The company’s fifty day simple moving average is $101.50 and its 200-day simple moving average is $95.55. iShares U.S. Utilities ETF has a 52 week low of $75.93 and a 52 week high of $106.16. The company has a market cap of $1.13 billion, a PE ratio of 25.14 and a beta of 0.48.

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.