Lbmc Investment Advisors LLC reduced its stake in shares of iShares Dow Jones US Utilities (NYSEARCA:IDU) by 25.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,954 shares of the company’s stock after selling 26,567 shares during the quarter. iShares Dow Jones US Utilities accounts for 1.7% of Lbmc Investment Advisors LLC’s portfolio, making the stock its 10th largest position. Lbmc Investment Advisors LLC’s holdings in iShares Dow Jones US Utilities were worth $10,225,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the business. Aveo Capital Partners LLC raised its stake in iShares Dow Jones US Utilities by 868.5% during the fourth quarter. Aveo Capital Partners LLC now owns 15,544 shares of the company’s stock worth $2,065,000 after acquiring an additional 13,939 shares in the last quarter. Family Firm Inc. increased its stake in shares of iShares Dow Jones US Utilities by 12.4% in the fourth quarter. Family Firm Inc. now owns 8,483 shares of the company’s stock valued at $1,127,000 after buying an additional 938 shares in the last quarter. Capital Investment Advisors LLC increased its stake in shares of iShares Dow Jones US Utilities by 10.8% in the fourth quarter. Capital Investment Advisors LLC now owns 7,287 shares of the company’s stock valued at $968,000 after buying an additional 711 shares in the last quarter. Cypress Wealth Services LLC acquired a new stake in shares of iShares Dow Jones US Utilities in the fourth quarter valued at $603,000. Finally, Field & Main Bank acquired a new stake in shares of iShares Dow Jones US Utilities in the fourth quarter valued at $455,000.

Shares of iShares Dow Jones US Utilities (NYSEARCA:IDU) opened at $123.34 on Tuesday. iShares Dow Jones US Utilities has a 12 month low of $119.51 and a 12 month high of $142.50. The firm has a market capitalization of $625.88 and a price-to-earnings ratio of -5.70.

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About iShares Dow Jones US Utilities

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.

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Institutional Ownership by Quarter for iShares Dow Jones US Utilities (NYSEARCA:IDU)

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