iShares U.S. Energy ETF (NYSEARCA:IYE) Shares Bought by Ameriprise Financial Inc.

Ameriprise Financial Inc. boosted its position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 47.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 293,672 shares of the company’s stock after buying an additional 94,751 shares during the period. Ameriprise Financial Inc.’s holdings in iShares U.S. Energy ETF were worth $13,383,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of IYE. Arkadios Wealth Advisors increased its stake in iShares U.S. Energy ETF by 22.7% during the 4th quarter. Arkadios Wealth Advisors now owns 12,801 shares of the company’s stock worth $583,000 after buying an additional 2,367 shares in the last quarter. Ameritas Advisory Services LLC increased its stake in iShares U.S. Energy ETF by 14.8% during the 4th quarter. Ameritas Advisory Services LLC now owns 11,723 shares of the company’s stock worth $534,000 after buying an additional 1,508 shares in the last quarter. Ballew Advisors Inc increased its stake in iShares U.S. Energy ETF by 1.2% during the 4th quarter. Ballew Advisors Inc now owns 22,471 shares of the company’s stock worth $1,079,000 after buying an additional 263 shares in the last quarter. Mutual Advisors LLC increased its stake in iShares U.S. Energy ETF by 4.3% during the 4th quarter. Mutual Advisors LLC now owns 21,951 shares of the company’s stock worth $1,089,000 after buying an additional 895 shares in the last quarter. Finally, ONE Advisory Partners LLC grew its position in shares of iShares U.S. Energy ETF by 6.4% in the fourth quarter. ONE Advisory Partners LLC now owns 5,650 shares of the company’s stock valued at $257,000 after purchasing an additional 342 shares in the last quarter.

iShares U.S. Energy ETF Price Performance

IYE stock opened at $45.41 on Friday. The business has a 50 day simple moving average of $44.81 and a 200-day simple moving average of $46.73. The firm has a market capitalization of $1.18 billion, a PE ratio of 13.94 and a beta of 0.81. iShares U.S. Energy ETF has a 1 year low of $39.35 and a 1 year high of $51.61.

About iShares U.S. Energy ETF

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.