Aveo Capital Partners LLC Grows Position in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Aveo Capital Partners LLC raised its position in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 131.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,809 shares of the company’s stock after buying an additional 3,303 shares during the quarter. Aveo Capital Partners LLC owned about 0.05% of iShares U.S. Utilities ETF worth $559,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in IDU. Apollon Wealth Management LLC grew its holdings in iShares U.S. Utilities ETF by 1,289.0% during the 3rd quarter. Apollon Wealth Management LLC now owns 132,123 shares of the company’s stock valued at $13,479,000 after buying an additional 122,611 shares in the last quarter. Gimbal Financial bought a new stake in shares of iShares U.S. Utilities ETF in the 3rd quarter valued at approximately $7,957,000. Second Half Financial Partners LLC bought a new stake in shares of iShares U.S. Utilities ETF in the 3rd quarter valued at approximately $6,398,000. Crumly & Associates Inc. bought a new stake in shares of iShares U.S. Utilities ETF in the 3rd quarter valued at approximately $4,137,000. Finally, Bensler LLC lifted its stake in shares of iShares U.S. Utilities ETF by 19.7% in the 3rd quarter. Bensler LLC now owns 225,859 shares of the company’s stock valued at $23,042,000 after purchasing an additional 37,200 shares during the last quarter.

iShares U.S. Utilities ETF Price Performance

NYSEARCA:IDU opened at $101.27 on Friday. The business has a 50 day simple moving average of $98.43 and a 200-day simple moving average of $99.21. iShares U.S. Utilities ETF has a 1 year low of $77.69 and a 1 year high of $106.16. The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of 25.14 and a beta of 0.48.

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.