Cerity Partners LLC Increases Stock Position in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Cerity Partners LLC grew its stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 478.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,472 shares of the company’s stock after buying an additional 11,972 shares during the period. Cerity Partners LLC’s holdings in iShares U.S. Utilities ETF were worth $1,476,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in IDU. Bensler LLC boosted its position in iShares U.S. Utilities ETF by 19.7% during the 3rd quarter. Bensler LLC now owns 225,859 shares of the company’s stock worth $23,042,000 after purchasing an additional 37,200 shares during the period. Apollon Wealth Management LLC boosted its position in iShares U.S. Utilities ETF by 1,289.0% during the 3rd quarter. Apollon Wealth Management LLC now owns 132,123 shares of the company’s stock worth $13,479,000 after purchasing an additional 122,611 shares during the period. Commonwealth Equity Services LLC boosted its position in iShares U.S. Utilities ETF by 11.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 124,841 shares of the company’s stock worth $10,971,000 after purchasing an additional 12,692 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in iShares U.S. Utilities ETF by 19.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 121,434 shares of the company’s stock worth $10,672,000 after purchasing an additional 19,817 shares during the period. Finally, Pinkerton Retirement Specialists LLC purchased a new stake in iShares U.S. Utilities ETF during the 2nd quarter worth $8,491,000.

iShares U.S. Utilities ETF Price Performance

Shares of IDU stock opened at $102.62 on Wednesday. iShares U.S. Utilities ETF has a 12 month low of $75.93 and a 12 month high of $106.16. The firm has a market capitalization of $1.10 billion, a P/E ratio of 25.14 and a beta of 0.48. The company’s fifty day moving average price is $101.89 and its two-hundred day moving average price is $96.00.

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.