First Trust Advisors Reduces Stake in IDACORP, Inc.

Investment firm cuts position in Idaho-based energy company by 1.6% in Q3 2025

Published on Mar. 10, 2026

Got story updates? Submit your updates here. ›

First Trust Advisors LP, an investment management firm, reduced its stake in IDACORP, Inc. (NYSE: IDA) by 1.6% in the third quarter of 2025, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 743,036 shares of the energy company's stock, representing 1.37% of IDACORP's outstanding shares.

Why it matters

IDACORP is a major electric utility serving southern Idaho and eastern Oregon, with a diverse generation portfolio including hydroelectric, natural gas, wind, and solar assets. Changes in institutional ownership of the company's stock can provide insights into market sentiment and investor confidence in the utility's performance and growth prospects.

The details

According to the 13F filing, First Trust Advisors sold 12,080 shares of IDACORP during the third quarter, reducing its total position to 743,036 shares. The investment firm cited unspecified reasons for the partial divestment, which represented a 1.6% decrease in its overall stake in the company.

  • First Trust Advisors filed the 13F report disclosing the stake reduction on March 10, 2026.
  • The firm sold the 12,080 IDACORP shares during the third quarter of 2025.

The players

First Trust Advisors LP

An investment management firm that serves as an institutional investor in IDACORP, Inc.

IDACORP, Inc.

A diversified energy holding company and the parent of Idaho Power Company, a regulated electric utility serving southern Idaho and eastern Oregon.

Got photos? Submit your photos here. ›

The takeaway

The partial divestment by First Trust Advisors suggests a potential shift in market sentiment or investment strategy, though the specific reasons are not disclosed. As an institutional investor, First Trust Advisors' actions can provide a signal to other investors about the perceived risks and opportunities surrounding IDACORP's business and financial performance.