Stratos Wealth Advisors LLC Increases Stock Holdings in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Stratos Wealth Advisors LLC grew its stake in shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) by 24.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,668 shares of the company’s stock after purchasing an additional 6,976 shares during the quarter. Stratos Wealth Advisors LLC owned approximately 0.33% of iShares U.S. Utilities ETF worth $3,432,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Stratos Wealth Partners LTD. lifted its holdings in shares of iShares U.S. Utilities ETF by 15.7% in the 4th quarter. Stratos Wealth Partners LTD. now owns 10,033 shares of the company’s stock valued at $965,000 after purchasing an additional 1,361 shares during the last quarter. U.S. Capital Wealth Advisors LLC increased its position in iShares U.S. Utilities ETF by 200.8% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 7,938 shares of the company’s stock worth $764,000 after buying an additional 5,299 shares during the period. Clear Creek Financial Management LLC lifted its stake in iShares U.S. Utilities ETF by 28.7% in the fourth quarter. Clear Creek Financial Management LLC now owns 15,437 shares of the company’s stock valued at $1,485,000 after buying an additional 3,443 shares during the last quarter. Saxony Capital Management LLC boosted its holdings in shares of iShares U.S. Utilities ETF by 7.4% in the fourth quarter. Saxony Capital Management LLC now owns 3,088 shares of the company’s stock valued at $297,000 after acquiring an additional 212 shares during the period. Finally, New Wave Wealth Advisors LLC purchased a new position in shares of iShares U.S. Utilities ETF during the fourth quarter worth approximately $117,000.

iShares U.S. Utilities ETF Price Performance

Shares of iShares U.S. Utilities ETF stock opened at $100.28 on Thursday. The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of 25.14 and a beta of 0.48. The firm’s fifty day simple moving average is $98.78 and its 200-day simple moving average is $98.72. iShares U.S. Utilities ETF has a 12 month low of $75.93 and a 12 month high of $106.16.

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.