Miller Howard Investments Inc. NY Makes New Investment in iShares U.S. Utilities ETF $IDU

Miller Howard Investments Inc. NY acquired a new stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 11,763 shares of the company’s stock, valued at approximately $1,186,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Hsbc Holdings PLC boosted its position 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. Cetera Investment Advisers increased its holdings in shares of iShares U.S. Utilities ETF by 10.7% during the first quarter. Cetera Investment Advisers now owns 68,169 shares of the company’s stock valued at $7,915,000 after acquiring an additional 6,586 shares in the last quarter. Arete Wealth Advisors LLC acquired a new position in shares of iShares U.S. Utilities ETF during the first quarter valued at about $6,975,000. Sanctuary Advisors LLC raised its position in shares of 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 valued at $4,215,000 after purchasing an additional 18,185 shares during the last quarter. Finally, Advisors Management Group Inc. ADV raised its position in shares of iShares U.S. Utilities ETF by 1.0% in the 1st quarter. Advisors Management Group Inc. ADV now owns 20,980 shares of the company’s stock valued at $2,436,000 after purchasing an additional 216 shares during the last quarter.

iShares U.S. Utilities ETF Stock Up 0.4%

IDU stock opened at $109.84 on Wednesday. The firm has a 50 day moving average of $106.62 and a 200 day moving average of $112.25. The stock has a market capitalization of $1.39 billion, a PE ratio of 21.72 and a beta of 0.56. iShares U.S. Utilities ETF has a 52 week low of $100.00 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.