Sigma Planning Corp Buys 8,825 Shares of iShares U.S. Utilities ETF $IDU

Sigma Planning Corp bought a new stake in iShares U.S. Utilities ETF (NYSEARCA:IDU) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,825 shares of the company’s stock, valued at approximately $890,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Hsbc Holdings PLC boosted its holdings in shares of iShares U.S. Utilities ETF by 24,187.0% in the 4th quarter. Hsbc Holdings PLC now owns 728,611 shares of the company’s stock worth $78,952,000 after purchasing an additional 725,611 shares in the last quarter. Arete Wealth Advisors LLC purchased a new position in shares of iShares U.S. Utilities ETF during the 1st quarter valued at about $6,975,000. Citadel Advisors LLC raised its holdings in shares of iShares U.S. Utilities ETF by 863.9% during the 2nd quarter. Citadel Advisors LLC now owns 20,771 shares of the company’s stock valued at $2,381,000 after buying an additional 18,616 shares in the last quarter. Sanctuary Advisors LLC lifted its position in iShares U.S. Utilities ETF by 100.4% in the 1st quarter. Sanctuary Advisors LLC now owns 36,303 shares of the company’s stock worth $4,215,000 after buying an additional 18,185 shares during the last quarter. Finally, TD Waterhouse Canada Inc. lifted its position in iShares U.S. Utilities ETF by 194.6% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 23,733 shares of the company’s stock worth $2,399,000 after buying an additional 15,678 shares during the last quarter.

iShares U.S. Utilities ETF Price Performance

Shares of IDU opened at $110.99 on Friday. The firm has a market cap of $1.41 billion, a P/E ratio of 21.72 and a beta of 0.56. The stock has a 50 day simple moving average of $106.53 and a two-hundred day simple moving average of $112.29. iShares U.S. Utilities ETF has a 1 year low of $100.00 and a 1 year high of $120.82.

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