Mainstream Capital Management LLC acquired a new position in iShares U.S. Energy ETF (NYSEARCA:IYE – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,134 shares of the company’s stock, valued at approximately $143,000.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Key Financial Inc purchased a new stake in iShares U.S. Energy ETF during the fourth quarter worth $27,000. JFS Wealth Advisors LLC lifted its holdings in iShares U.S. Energy ETF by 820.8% during the fourth quarter. JFS Wealth Advisors LLC now owns 663 shares of the company’s stock worth $30,000 after buying an additional 591 shares during the period. Ritter Daniher Financial Advisory LLC DE purchased a new stake in iShares U.S. Energy ETF during the third quarter worth $49,000. Brown Brothers Harriman & Co. purchased a new stake in iShares U.S. Energy ETF during the third quarter worth $60,000. Finally, Golden State Wealth Management LLC purchased a new stake in iShares U.S. Energy ETF during the fourth quarter worth $119,000.
iShares U.S. Energy ETF Stock Down 3.5 %
iShares U.S. Energy ETF stock opened at $46.24 on Tuesday. The business has a fifty day moving average of $47.41 and a two-hundred day moving average of $47.55. The firm has a market cap of $1.25 billion, a P/E ratio of 14.66 and a beta of 1.25. iShares U.S. Energy ETF has a twelve month low of $43.71 and a twelve month high of $51.70.
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.
See Also
- Five stocks we like better than iShares U.S. Energy ETF
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- Bearish Investors Can Seek Refuge in Recession-Resistant ETFs
- How to Invest in the Best Canadian StocksĀ
- 3 Oversold Magnificent Seven Stocks at Key Levels: Buy Now?
- Energy and Oil Stocks Explained
- 3M to Hit $175 by Mid-Year, and Higher Highs Are Likely
Want to see what other hedge funds are holding IYE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Energy ETF (NYSEARCA:IYE – Free Report).
Receive News & Ratings for iShares U.S. Energy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Energy ETF and related companies with MarketBeat.com's FREE daily email newsletter.