iShares U.S. Utilities ETF (NYSEARCA:IDU) Shares Sold by Evanson Asset Management LLC

Evanson Asset Management LLC decreased its stake in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 49.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,876 shares of the company’s stock after selling 4,745 shares during the period. Evanson Asset Management LLC’s holdings in iShares U.S. Utilities ETF were worth $390,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IDU. Lumature Wealth Partners LLC bought a new stake in shares of iShares U.S. Utilities ETF during the second quarter valued at approximately $25,000. Coppell Advisory Solutions LLC bought a new stake in iShares U.S. Utilities ETF during the 2nd quarter valued at $26,000. Qube Research & Technologies Ltd acquired a new position in shares of iShares U.S. Utilities ETF during the third quarter valued at $29,000. ST Germain D J Co. Inc. acquired a new position in iShares U.S. Utilities ETF during the 2nd quarter valued at about $33,000. Finally, Laurel Wealth Advisors LLC raised its holdings in iShares U.S. Utilities ETF by 29.0% during the third quarter. Laurel Wealth Advisors LLC now owns 668 shares of the company’s stock worth $49,000 after purchasing an additional 150 shares in the last quarter.

iShares U.S. Utilities ETF Price Performance

Shares of iShares U.S. Utilities ETF stock traded up $0.51 during trading on Thursday, hitting $84.52. The stock had a trading volume of 24,103 shares, compared to its average volume of 49,408. The business has a fifty day moving average of $79.44 and a two-hundred day moving average of $78.15. iShares U.S. Utilities ETF has a fifty-two week low of $68.87 and a fifty-two week high of $86.54. The firm has a market cap of $908.59 million, a P/E ratio of 22.50 and a beta of 0.53.

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.