Buck Wealth Strategies LLC Makes New Investment in iShares U.S. Utilities ETF $IDU

Buck Wealth Strategies LLC bought a new stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 7,876 shares of the company’s stock, valued at approximately $853,000.

A number of other institutional investors also recently modified their holdings of the stock. Assetmark Inc. grew its holdings in iShares U.S. Utilities ETF by 25.6% during the third quarter. Assetmark Inc. now owns 490 shares of the company’s stock valued at $54,000 after purchasing an additional 100 shares during the period. CWM LLC raised its position in shares of iShares U.S. Utilities ETF by 17.9% in the third quarter. CWM LLC now owns 882 shares of the company’s stock valued at $98,000 after purchasing an additional 134 shares during the period. Wealth Management Associates Inc. increased its position in iShares U.S. Utilities ETF by 2.2% during the fourth quarter. Wealth Management Associates Inc. now owns 7,914 shares of the company’s stock worth $858,000 after acquiring an additional 167 shares during the period. Midwest Trust Co increased its holdings in iShares U.S. Utilities ETF by 9.1% in the 3rd quarter. Midwest Trust Co now owns 2,092 shares of the company’s stock valued at $232,000 after buying an additional 175 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in shares of iShares U.S. Utilities ETF by 0.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 26,971 shares of the company’s stock valued at $2,991,000 after purchasing an additional 175 shares in the last quarter.

iShares U.S. Utilities ETF Stock Performance

Shares of NYSEARCA IDU opened at $112.84 on Friday. The company has a market capitalization of $1.55 billion, a P/E ratio of 21.72 and a beta of 0.61. The company’s 50 day moving average price is $117.01 and its 200-day moving average price is $113.22. iShares U.S. Utilities ETF has a 52-week low of $100.33 and a 52-week high of $120.82.

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.