Concurrent Investment Advisors LLC Raises Stock Position in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Concurrent Investment Advisors LLC raised its stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 7.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,212 shares of the company’s stock after purchasing an additional 3,556 shares during the period. Concurrent Investment Advisors LLC owned 0.47% of iShares U.S. Utilities ETF worth $4,831,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Bensler LLC lifted its stake in shares of iShares U.S. Utilities ETF by 7.6% in the fourth quarter. Bensler LLC now owns 243,010 shares of the company’s stock worth $23,380,000 after buying an additional 17,151 shares in the last quarter. Apollon Wealth Management LLC lifted its stake in iShares U.S. Utilities ETF by 1,289.0% in the 3rd quarter. Apollon Wealth Management LLC now owns 132,123 shares of the company’s stock worth $13,479,000 after purchasing an additional 122,611 shares in the last quarter. Townsquare Capital LLC lifted its stake in iShares U.S. Utilities ETF by 7.2% in the 3rd quarter. Townsquare Capital LLC now owns 87,610 shares of the company’s stock worth $8,938,000 after purchasing an additional 5,894 shares in the last quarter. Moloney Securities Asset Management LLC boosted its holdings in shares of iShares U.S. Utilities ETF by 0.8% during the 4th quarter. Moloney Securities Asset Management LLC now owns 84,082 shares of the company’s stock worth $8,089,000 after purchasing an additional 688 shares during the last quarter. Finally, Gimbal Financial purchased a new stake in shares of iShares U.S. Utilities ETF in the third quarter valued at approximately $7,957,000.

iShares U.S. Utilities ETF Stock Down 0.0 %

Shares of IDU opened at $102.55 on Friday. iShares U.S. Utilities ETF has a 52-week low of $78.07 and a 52-week high of $106.16. The stock has a fifty day simple moving average of $98.64 and a two-hundred day simple moving average of $99.39. The company has a market capitalization of $1.10 billion, a PE 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.