Axxcess Wealth Management LLC Raises Holdings in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Axxcess Wealth Management LLC boosted its position in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 15.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,182 shares of the company’s stock after buying an additional 424 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares U.S. Utilities ETF were worth $325,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Independence Bank of Kentucky lifted its holdings in iShares U.S. Utilities ETF by 2.3% in the third quarter. Independence Bank of Kentucky now owns 6,979 shares of the company’s stock valued at $712,000 after acquiring an additional 160 shares during the last quarter. Holderness Investments Co. lifted its stake in iShares U.S. Utilities ETF by 1.3% during the second quarter. Holderness Investments Co. now owns 13,917 shares of the company’s stock worth $1,223,000 after purchasing an additional 179 shares during the last quarter. HBW Advisory Services LLC boosted its holdings in shares of iShares U.S. Utilities ETF by 4.1% in the 3rd quarter. HBW Advisory Services LLC now owns 5,018 shares of the company’s stock valued at $512,000 after buying an additional 197 shares in the last quarter. Arkadios Wealth Advisors grew its holdings in shares of iShares U.S. Utilities ETF by 5.1% during the second quarter. Arkadios Wealth Advisors now owns 4,317 shares of the company’s stock worth $379,000 after purchasing an additional 211 shares during the last quarter. Finally, Bellwether Advisors LLC grew its stake in iShares U.S. Utilities ETF by 0.7% during the 2nd quarter. Bellwether Advisors LLC now owns 35,344 shares of the company’s stock worth $3,106,000 after buying an additional 249 shares during the last quarter.

iShares U.S. Utilities ETF Stock Performance

NYSEARCA IDU opened at $100.19 on Thursday. iShares U.S. Utilities ETF has a one year low of $75.93 and a one year high of $104.15. The firm’s fifty day moving average is $100.74 and its two-hundred day moving average is $94.59. The firm has a market cap of $1.08 billion, a PE ratio of 25.14 and a beta of 0.48.

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.