The iShares U.S. Utilities ETF (IDU) experienced an outflow of approximately $106.5 million, marking a 6.2% week-over-week decrease in shares outstanding, dropping from 14.6 million to 13.7 million. Notable changes among IDU’s underlying components on the trading day included Southern Company (SO) rising by 0.6% and Constellation Energy Corp (CEG) increasing by 0.8%, while Waste Management, Inc. (WM) saw a decline of 0.3%.
The 52-week price range for IDU is between a low of $100.33 and a high of $120.82, with the most recent trading price at $118.93. The ETF’s performance can also be evaluated in relation to its 200-day moving average, indicating key trends for investors.
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