iShares U.S. Energy ETF (NYSEARCA:IYE) Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC increased its stake in iShares U.S. Energy ETF (NYSEARCA:IYE) by 22.4% during the 4th quarter, Holdings Channel reports. The fund owned 55,138 shares of the company’s stock after purchasing an additional 10,095 shares during the quarter. HighTower Advisors LLC’s holdings in iShares U.S. Energy ETF were worth $2,513,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. raised its stake in shares of iShares U.S. Energy ETF by 5.8% in the third quarter. JPMorgan Chase & Co. now owns 273,453 shares of the company’s stock valued at $12,672,000 after acquiring an additional 15,059 shares in the last quarter. Truist Financial Corp raised its stake in shares of iShares U.S. Energy ETF by 4.1% in the fourth quarter. Truist Financial Corp now owns 26,708 shares of the company’s stock valued at $1,217,000 after acquiring an additional 1,051 shares in the last quarter. EP Wealth Advisors LLC raised its stake in shares of iShares U.S. Energy ETF by 29.3% in the third quarter. EP Wealth Advisors LLC now owns 3,365 shares of the company’s stock valued at $156,000 after acquiring an additional 763 shares in the last quarter. Atria Investments Inc raised its stake in shares of iShares U.S. Energy ETF by 10.6% in the fourth quarter. Atria Investments Inc now owns 11,785 shares of the company’s stock valued at $537,000 after acquiring an additional 1,134 shares in the last quarter. Finally, D.A. Davidson & CO. acquired a new stake in shares of iShares U.S. Energy ETF in the fourth quarter valued at $205,000.

iShares U.S. Energy ETF Trading Down 0.7 %

Shares of NYSEARCA IYE opened at $48.41 on Friday. The stock has a market cap of $1.31 billion, a P/E ratio of 14.66 and a beta of 1.25. iShares U.S. Energy ETF has a 12-month low of $43.71 and a 12-month high of $51.70. The business’s fifty day simple moving average is $47.67 and its 200-day simple moving average is $47.49.

iShares U.S. Energy ETF Profile

iShares U.S. Energy ETF (the Fund), formerly iShares Dow Jones U.S. Energy Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Oil & Gas Index (the Index). The Index measures the performance of the oil and gas sector of the United States equity market, and includes companies in industry groups, such as oil and gas producers, and oil equipment, services and distribution.