C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Takes $228,000 Position in iShares U.S. Utilities ETF (NYSEARCA:IDU)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) during the fourth quarter, HoldingsChannel reports. The fund acquired 2,366 shares of the company’s stock, valued at approximately $228,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. New Wave Wealth Advisors LLC bought a new position in shares of iShares U.S. Utilities ETF during the fourth quarter valued at approximately $117,000. Vertex Planning Partners LLC bought a new position in shares of iShares U.S. Utilities ETF during the third quarter valued at approximately $211,000. Hilltop Holdings Inc. bought a new position in shares of iShares U.S. Utilities ETF during the third quarter valued at approximately $224,000. REDW Wealth LLC bought a new position in shares of iShares U.S. Utilities ETF during the third quarter valued at approximately $228,000. Finally, TPG Advisors LLC bought a new position in shares of iShares U.S. Utilities ETF during the third quarter valued at approximately $229,000.

iShares U.S. Utilities ETF Stock Performance

NYSEARCA IDU opened at $102.55 on Friday. The company has a market cap of $1.10 billion, a PE ratio of 25.14 and a beta of 0.48. iShares U.S. Utilities ETF has a 52-week low of $78.07 and a 52-week high of $106.16. The firm’s 50 day moving average price is $98.64 and its 200-day moving average price is $99.39.

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.