S&A Financial Services Inc. Takes $560,000 Position in iShares U.S. Utilities ETF $IDU

S&A Financial Services Inc. purchased a new stake in iShares U.S. Utilities ETF (NYSEARCA:IDU) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 4,825 shares of the company’s stock, valued at approximately $560,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Johnson Investment Counsel Inc. increased its stake in iShares U.S. Utilities ETF by 3.1% during the fourth quarter. Johnson Investment Counsel Inc. now owns 3,283 shares of the company’s stock worth $356,000 after acquiring an additional 100 shares during the last quarter. IHT Wealth Management LLC lifted its stake in shares of iShares U.S. Utilities ETF by 5.8% in the 4th quarter. IHT Wealth Management LLC now owns 1,966 shares of the company’s stock valued at $213,000 after purchasing an additional 108 shares during the last quarter. Money Concepts Capital Corp lifted its stake in shares of iShares U.S. Utilities ETF by 3.3% in the 4th quarter. Money Concepts Capital Corp now owns 4,055 shares of the company’s stock valued at $439,000 after purchasing an additional 131 shares during the last quarter. Sei Investments Co. lifted its stake in shares of iShares U.S. Utilities ETF by 2.7% in the 1st quarter. Sei Investments Co. now owns 6,355 shares of the company’s stock valued at $738,000 after purchasing an additional 167 shares during the last quarter. Finally, CacheTech Inc. boosted its holdings in shares of iShares U.S. Utilities ETF by 5.5% in the 1st quarter. CacheTech Inc. now owns 3,720 shares of the company’s stock worth $432,000 after purchasing an additional 194 shares during the period.

iShares U.S. Utilities ETF Stock Performance

NYSEARCA IDU opened at $112.39 on Monday. The business’s 50 day moving average price is $113.88 and its 200-day moving average price is $114.51. iShares U.S. Utilities ETF has a fifty-two week low of $105.06 and a fifty-two week high of $120.82. The company has a market cap of $1.40 billion, a P/E ratio of 21.72 and a beta of 0.58.

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. Its components primarily include utilities companies. BlackRock Fund Advisors acts as an investment adviser of the Fund.