Thrivent Financial for Lutherans Buys Shares of 2,349 iShares U.S. Utilities ETF (NYSEARCA:IDU)

Thrivent Financial for Lutherans purchased a new position in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,349 shares of the company’s stock, valued at approximately $240,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. International Assets Investment Management LLC bought a new position in iShares U.S. Utilities ETF in the second quarter valued at $29,000. Chris Bulman Inc bought a new position in iShares U.S. Utilities ETF during the second quarter worth about $33,000. Strategic Investment Solutions Inc. IL acquired a new position in iShares U.S. Utilities ETF during the second quarter worth approximately $62,000. Yeomans Consulting Group Inc. acquired a new stake in shares of iShares U.S. Utilities ETF in the second quarter valued at approximately $200,000. Finally, Trilogy Capital Inc. acquired a new position in shares of iShares U.S. Utilities ETF during the 3rd quarter worth approximately $206,000.

iShares U.S. Utilities ETF Price Performance

IDU stock opened at $101.55 on Friday. iShares U.S. Utilities ETF has a one year low of $75.93 and a one year high of $106.16. The stock has a market cap of $1.09 billion, a price-to-earnings ratio of 25.14 and a beta of 0.48. The company has a fifty day moving average price of $101.96 and a two-hundred day moving average price of $96.16.

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.