iShares U.S. Utilities ETF (NYSEARCA:IDU) Sees Unusually-High Trading Volume

iShares U.S. Utilities ETF (NYSEARCA:IDU) saw an uptick in trading volume on Monday . 162,809 shares changed hands during trading, an increase of 33% from the previous session’s volume of 122,471 shares.The stock last traded at $101.99 and had previously closed at $101.20.

iShares U.S. Utilities ETF Stock Performance

The stock has a market capitalization of $1.10 billion, a P/E ratio of 25.14 and a beta of 0.48. The firm has a 50-day moving average price of $94.97 and a 200 day moving average price of $89.81.

Institutional Trading of iShares U.S. Utilities ETF

Institutional investors have recently added to or reduced their stakes in the business. ICA Group Wealth Management LLC bought a new position in shares of iShares U.S. Utilities ETF in the fourth quarter worth approximately $25,000. International Assets Investment Management LLC bought a new position in shares of iShares U.S. Utilities ETF during the second quarter valued at approximately $29,000. Chris Bulman Inc purchased a new stake in iShares U.S. Utilities ETF in the second quarter worth $33,000. Mather Group LLC. bought a new stake in iShares U.S. Utilities ETF in the first quarter valued at $59,000. Finally, Strategic Investment Solutions Inc. IL purchased a new position in iShares U.S. Utilities ETF during the 2nd quarter valued at $62,000.

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.