WealthCare Investment Partners LLC Invests $361,000 in iShares U.S. Utilities ETF (NYSEARCA:IDU)

WealthCare Investment Partners LLC acquired a new stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 3,598 shares of the company’s stock, valued at approximately $361,000.

Other hedge funds also recently bought and sold shares of the company. Retirement Planning Group LLC increased its holdings in shares of iShares U.S. Utilities ETF by 6.7% in the first quarter. Retirement Planning Group LLC now owns 2,670 shares of the company’s stock valued at $226,000 after purchasing an additional 167 shares during the last quarter. Holderness Investments Co. increased its stake in shares of iShares U.S. Utilities ETF by 1.3% in the 2nd quarter. Holderness Investments Co. now owns 13,917 shares of the company’s stock worth $1,223,000 after acquiring an additional 179 shares during the last quarter. HBW Advisory Services LLC raised its holdings in shares of iShares U.S. Utilities ETF by 4.1% during the 3rd quarter. HBW Advisory Services LLC now owns 5,018 shares of the company’s stock worth $512,000 after acquiring an additional 197 shares during the period. Arkadios Wealth Advisors boosted its position in shares of iShares U.S. Utilities ETF by 5.1% during the 2nd quarter. Arkadios Wealth Advisors now owns 4,317 shares of the company’s stock valued at $379,000 after acquiring an additional 211 shares during the last quarter. Finally, Bellwether Advisors LLC grew its holdings in shares of iShares U.S. Utilities ETF by 0.7% in the second quarter. Bellwether Advisors LLC now owns 35,344 shares of the company’s stock valued at $3,106,000 after purchasing an additional 249 shares during the period.

iShares U.S. Utilities ETF Price Performance

Shares of IDU stock opened at $100.51 on Wednesday. The company has a market capitalization of $1.08 billion, a PE ratio of 25.14 and a beta of 0.48. The firm’s 50-day moving average is $97.61 and its two-hundred day moving average is $91.48. iShares U.S. Utilities ETF has a 12 month low of $71.39 and a 12 month high of $103.41.

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.