Kingswood Wealth Advisors LLC Purchases 5,421 Shares of iShares U.S. Utilities ETF $IDU

Kingswood Wealth Advisors LLC acquired a new position in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 5,421 shares of the company’s stock, valued at approximately $547,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Fifth Third Bancorp boosted its holdings in shares of iShares U.S. Utilities ETF by 12,706.0% in the first quarter. Fifth Third Bancorp now owns 10,757 shares of the company’s stock valued at $1,249,000 after buying an additional 10,673 shares during the period. Sanctuary Advisors LLC raised its holdings in shares of iShares U.S. Utilities ETF by 100.4% during the first quarter. Sanctuary Advisors LLC now owns 36,303 shares of the company’s stock worth $4,215,000 after acquiring an additional 18,185 shares during the period. Sovran Advisors LLC lifted its position in iShares U.S. Utilities ETF by 134.5% in the 1st quarter. Sovran Advisors LLC now owns 19,752 shares of the company’s stock valued at $2,337,000 after acquiring an additional 11,330 shares in the last quarter. TD Waterhouse Canada Inc. lifted its position in iShares U.S. Utilities ETF by 155.1% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 8,055 shares of the company’s stock valued at $911,000 after acquiring an additional 4,897 shares in the last quarter. Finally, Independent Financial Group LLC acquired a new position in iShares U.S. Utilities ETF in the 1st quarter worth $971,000.

iShares U.S. Utilities ETF Trading Up 1.5%

Shares of NYSEARCA IDU opened at $110.26 on Friday. The company has a fifty day moving average price of $106.53 and a 200 day moving average price of $112.28. The firm has a market cap of $1.40 billion, a PE ratio of 21.72 and a beta of 0.56. 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 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.