Evanson Asset Management LLC Lowers Holdings in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Evanson Asset Management LLC reduced its position in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 49.3% during the 4th quarter, HoldingsChannel reports. The firm owned 4,876 shares of the company’s stock after selling 4,745 shares during the period. Evanson Asset Management LLC’s holdings in iShares U.S. Utilities ETF were worth $390,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Lumature Wealth Partners LLC purchased a new position in iShares U.S. Utilities ETF during the second quarter valued at approximately $25,000. Coppell Advisory Solutions LLC bought a new position in shares of iShares U.S. Utilities ETF in the 2nd quarter worth $26,000. Qube Research & Technologies Ltd bought a new stake in iShares U.S. Utilities ETF during the third quarter valued at about $29,000. ST Germain D J Co. Inc. bought a new position in iShares U.S. Utilities ETF in the second quarter worth about $33,000. Finally, Laurel Wealth Advisors LLC boosted its holdings in shares of iShares U.S. Utilities ETF by 29.0% in the 3rd quarter. Laurel Wealth Advisors LLC now owns 668 shares of the company’s stock valued at $49,000 after buying an additional 150 shares in the last quarter.

iShares U.S. Utilities ETF Stock Up 0.6 %

Shares of iShares U.S. Utilities ETF stock traded up $0.51 on Thursday, reaching $84.52. The stock had a trading volume of 24,103 shares, compared to its average volume of 49,408. The stock has a market capitalization of $908.59 million, a P/E ratio of 22.50 and a beta of 0.53. The company has a 50 day moving average price of $79.44 and a 200 day moving average price of $78.15. iShares U.S. Utilities ETF has a 1 year low of $68.87 and a 1 year high of $86.54.

iShares U.S. Utilities ETF 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.