International Assets Investment Management LLC Increases Stake in iShares U.S. Energy ETF (NYSEARCA:IYE)

International Assets Investment Management LLC lifted its stake in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 3,280.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 271,956 shares of the company’s stock after buying an additional 263,912 shares during the quarter. International Assets Investment Management LLC owned about 0.92% of iShares U.S. Energy ETF worth $11,999,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of IYE. JPMorgan Chase & Co. increased its position in shares of iShares U.S. Energy ETF by 5,414.9% during the fourth quarter. JPMorgan Chase & Co. now owns 341,097 shares of the company’s stock valued at $15,857,000 after buying an additional 334,912 shares during the period. Goldman Sachs Group Inc. increased its position in shares of iShares U.S. Energy ETF by 34.1% during the second quarter. Goldman Sachs Group Inc. now owns 868,649 shares of the company’s stock valued at $33,113,000 after buying an additional 220,735 shares during the period. Modera Wealth Management LLC purchased a new position in shares of iShares U.S. Energy ETF during the third quarter valued at about $9,916,000. Bellwether Advisors LLC purchased a new position in shares of iShares U.S. Energy ETF during the third quarter valued at about $9,169,000. Finally, Royal Bank of Canada increased its position in shares of iShares U.S. Energy ETF by 40.5% during the first quarter. Royal Bank of Canada now owns 659,852 shares of the company’s stock valued at $27,001,000 after buying an additional 190,282 shares during the period.

iShares U.S. Energy ETF Price Performance

Shares of NYSEARCA IYE opened at $50.23 on Friday. The stock has a market capitalization of $1.48 billion, a P/E ratio of 17.07 and a beta of 1.37. iShares U.S. Energy ETF has a 1 year low of $40.24 and a 1 year high of $51.70. The company’s 50-day moving average is $46.93 and its 200 day moving average is $45.44.

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.