Bank of America Corp DE Buys 589,018 Shares of iShares U.S. Energy ETF (NYSEARCA:IYE)

Bank of America Corp DE grew its stake in iShares U.S. Energy ETF (NYSEARCA:IYEGet Rating) by 20.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,536,847 shares of the company’s stock after acquiring an additional 589,018 shares during the period. Bank of America Corp DE’s holdings in iShares U.S. Energy ETF were worth $144,727,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. CFS Investment Advisory Services LLC grew its stake in iShares U.S. Energy ETF by 3,746.8% in the 1st quarter. CFS Investment Advisory Services LLC now owns 3,750,318 shares of the company’s stock worth $92,000 after acquiring an additional 3,652,827 shares in the last quarter. Genesee Capital Advisors LLC bought a new position in iShares U.S. Energy ETF in the 1st quarter worth about $744,000. EverSource Wealth Advisors LLC grew its stake in iShares U.S. Energy ETF by 10.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 6,501 shares of the company’s stock worth $266,000 after acquiring an additional 629 shares in the last quarter. Advisory Services Network LLC boosted its stake in shares of iShares U.S. Energy ETF by 375.5% during the first quarter. Advisory Services Network LLC now owns 366,098 shares of the company’s stock valued at $14,981,000 after purchasing an additional 289,104 shares in the last quarter. Finally, Golden State Wealth Management LLC bought a new position in shares of iShares U.S. Energy ETF during the first quarter valued at approximately $234,000.

iShares U.S. Energy ETF Trading Down 0.7 %

NYSEARCA IYE opened at $41.78 on Friday. The firm’s 50 day moving average price is $42.07 and its 200-day moving average price is $41.69. iShares U.S. Energy ETF has a 52-week low of $26.91 and a 52-week high of $49.31.

About iShares U.S. Energy ETF

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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.

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Institutional Ownership by Quarter for iShares U.S. Energy ETF (NYSEARCA:IYE)

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