Sanctuary Advisors LLC Boosts Stock Position in iShares U.S. Utilities ETF $IDU

Sanctuary Advisors LLC raised its holdings in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 100.4% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 36,303 shares of the company’s stock after acquiring an additional 18,185 shares during the quarter. Sanctuary Advisors LLC owned approximately 0.26% of iShares U.S. Utilities ETF worth $4,215,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Strive Financial Group LLC purchased a new stake in iShares U.S. Utilities ETF in the 4th quarter valued at about $30,000. Arax Advisory Partners bought a new stake in shares of iShares U.S. Utilities ETF during the fourth quarter valued at approximately $31,000. BOKF NA bought a new stake in shares of iShares U.S. Utilities ETF during the third quarter valued at approximately $35,000. IFP Advisors Inc raised its stake in shares of iShares U.S. Utilities ETF by 224.0% during the third quarter. IFP Advisors Inc now owns 405 shares of the company’s stock valued at $45,000 after acquiring an additional 280 shares in the last quarter. Finally, AlphaCore Capital LLC purchased a new stake in shares of iShares U.S. Utilities ETF in the fourth quarter valued at approximately $62,000.

iShares U.S. Utilities ETF Price Performance

Shares of NYSEARCA:IDU opened at $114.84 on Monday. iShares U.S. Utilities ETF has a 52-week low of $105.06 and a 52-week high of $120.82. The stock has a market cap of $1.38 billion, a P/E ratio of 21.72 and a beta of 0.58. The business’s 50 day moving average is $113.48 and its 200 day moving average is $114.03.

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.