iShares U.S. Utilities ETF (NYSEARCA:IDU) Stock Holdings Reduced by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. lowered its position in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 28.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,678 shares of the company’s stock after selling 1,046 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in iShares U.S. Utilities ETF were worth $214,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IDU. ICA Group Wealth Management LLC acquired a new stake in shares of iShares U.S. Utilities ETF in the fourth quarter worth about $25,000. Wetzel Investment Advisors Inc. acquired a new stake in shares of iShares U.S. Utilities ETF in the fourth quarter worth about $41,000. Laurel Wealth Advisors LLC lifted its position in shares of iShares U.S. Utilities ETF by 29.0% in the third quarter. Laurel Wealth Advisors LLC now owns 668 shares of the company’s stock worth $49,000 after buying an additional 150 shares during the last quarter. Capital Analysts LLC acquired a new stake in shares of iShares U.S. Utilities ETF in the fourth quarter worth about $72,000. Finally, Atlantic Edge Private Wealth Management LLC acquired a new stake in shares of iShares U.S. Utilities ETF in the fourth quarter worth about $139,000.

iShares U.S. Utilities ETF Price Performance

Shares of NYSEARCA:IDU opened at $88.74 on Friday. iShares U.S. Utilities ETF has a fifty-two week low of $68.87 and a fifty-two week high of $92.69. The business has a 50-day moving average of $89.23 and a two-hundred day moving average of $83.40. The stock has a market capitalization of $953.96 million, a P/E ratio of 25.14 and a beta of 0.48.

iShares U.S. Utilities ETF Company 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.