Bank of America Corp DE Has $56.41 Million Stock Holdings in iShares U.S. Energy ETF (NYSEARCA:IYE)

Bank of America Corp DE reduced its position in iShares U.S. Energy ETF (NYSEARCA:IYE) by 10.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,237,799 shares of the company’s stock after selling 144,060 shares during the period. Bank of America Corp DE’s holdings in iShares U.S. Energy ETF were worth $56,407,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in shares of iShares U.S. Energy ETF in the fourth quarter valued at approximately $10,204,000. LPL Financial LLC raised its stake in iShares U.S. Energy ETF by 53.3% in the 4th quarter. LPL Financial LLC now owns 642,481 shares of the company’s stock valued at $29,278,000 after acquiring an additional 223,516 shares during the period. MML Investors Services LLC raised its stake in iShares U.S. Energy ETF by 348.2% in the 4th quarter. MML Investors Services LLC now owns 240,013 shares of the company’s stock valued at $10,937,000 after acquiring an additional 186,465 shares during the period. JPMorgan Chase & Co. lifted its holdings in iShares U.S. Energy ETF by 66.3% during the 4th quarter. JPMorgan Chase & Co. now owns 454,722 shares of the company’s stock valued at $20,722,000 after purchasing an additional 181,269 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in iShares U.S. Energy ETF by 47.6% during the 4th quarter. Ameriprise Financial Inc. now owns 293,672 shares of the company’s stock valued at $13,383,000 after purchasing an additional 94,751 shares during the last quarter.

iShares U.S. Energy ETF Stock Performance

NYSEARCA IYE opened at $45.62 on Wednesday. The firm has a 50-day moving average of $44.85 and a 200-day moving average of $46.75. The stock has a market cap of $1.19 billion, a PE ratio of 13.94 and a beta of 0.81. iShares U.S. Energy ETF has a 52-week low of $39.35 and a 52-week high of $51.61.

iShares U.S. Energy ETF Company 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.