RPS Advisory Solutions LLC Purchases 5,515 Shares of iShares U.S. Utilities ETF $IDU

RPS Advisory Solutions LLC grew its position in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 7.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 82,098 shares of the company’s stock after purchasing an additional 5,515 shares during the period. iShares U.S. Utilities ETF comprises about 4.2% of RPS Advisory Solutions LLC’s holdings, making the stock its 5th largest position. RPS Advisory Solutions LLC owned approximately 0.66% of iShares U.S. Utilities ETF worth $8,896,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. BOKF NA acquired a new position in iShares U.S. Utilities ETF in the 3rd quarter worth about $35,000. Fifth Third Bancorp acquired a new position in iShares U.S. Utilities ETF in the 3rd quarter worth about $39,000. Rice Partnership LLC acquired a new position in iShares U.S. Utilities ETF in the 3rd quarter worth about $40,000. IFP Advisors Inc increased its position in iShares U.S. Utilities ETF by 224.0% in the 3rd quarter. IFP Advisors Inc now owns 405 shares of the company’s stock worth $45,000 after purchasing an additional 280 shares during the last quarter. Finally, Assetmark Inc. increased its position in iShares U.S. Utilities ETF by 25.6% in the 3rd quarter. Assetmark Inc. now owns 490 shares of the company’s stock worth $54,000 after purchasing an additional 100 shares during the last quarter.

iShares U.S. Utilities ETF Price Performance

Shares of IDU stock opened at $112.26 on Wednesday. iShares U.S. Utilities ETF has a fifty-two week low of $102.10 and a fifty-two week high of $120.82. The stock’s 50-day moving average is $115.93 and its two-hundred day moving average is $113.13. The firm has a market cap of $1.54 billion, a P/E ratio of 21.72 and a beta of 0.61.

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