Three Seasons Wealth LLC Invests $4.29 Million in iShares U.S. Utilities ETF $IDU

Three Seasons Wealth LLC bought a new position in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 39,553 shares of the company’s stock, valued at approximately $4,286,000. iShares U.S. Utilities ETF accounts for about 0.4% of Three Seasons Wealth LLC’s holdings, making the stock its 16th largest holding. Three Seasons Wealth LLC owned 0.29% of iShares U.S. Utilities ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE lifted its position in iShares U.S. Utilities ETF by 88.0% during the second quarter. Bank of America Corp DE now owns 938,296 shares of the company’s stock worth $98,118,000 after acquiring an additional 439,316 shares during the last quarter. Pinkerton Wealth LLC acquired a new position in shares of iShares U.S. Utilities ETF in the third quarter valued at approximately $37,467,000. Sherman Porfolios LLC acquired a new position in shares of iShares U.S. Utilities ETF in the third quarter valued at approximately $25,699,000. Cresset Asset Management LLC bought a new position in shares of iShares U.S. Utilities ETF during the third quarter worth approximately $18,800,000. Finally, Camarda Financial Advisors LLC bought a new position in shares of iShares U.S. Utilities ETF during the second quarter worth approximately $13,327,000.

iShares U.S. Utilities ETF Trading Down 0.1%

NYSEARCA:IDU opened at $116.11 on Wednesday. The stock has a 50 day simple moving average of $114.99 and a 200 day simple moving average of $112.32. The stock has a market cap of $1.43 billion, a P/E ratio of 21.72 and a beta of 0.61. iShares U.S. Utilities ETF has a 1-year low of $91.91 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.