Comerica Bank Grows Position in iShares U.S. Energy ETF (NYSEARCA:IYE)

Comerica Bank raised its position in iShares U.S. Energy ETF (NYSEARCA:IYE) by 14.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,443 shares of the company’s stock after purchasing an additional 963 shares during the quarter. Comerica Bank’s holdings in iShares U.S. Energy ETF were worth $339,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Optiver Holding B.V. purchased a new position in shares of iShares U.S. Energy ETF in the 4th quarter worth about $159,000. Beacon Pointe Advisors LLC purchased a new position in shares of iShares U.S. Energy ETF in the 4th quarter worth about $224,000. Integrated Wealth Concepts LLC raised its holdings in shares of iShares U.S. Energy ETF by 81.5% in the 4th quarter. Integrated Wealth Concepts LLC now owns 54,134 shares of the company’s stock worth $2,467,000 after purchasing an additional 24,313 shares during the period. IHT Wealth Management LLC raised its holdings in shares of iShares U.S. Energy ETF by 4.9% during the 4th quarter. IHT Wealth Management LLC now owns 32,231 shares of the company’s stock valued at $1,469,000 after buying an additional 1,502 shares during the period. Finally, Stifel Financial Corp lifted its position in iShares U.S. Energy ETF by 9.8% during the 4th quarter. Stifel Financial Corp now owns 44,827 shares of the company’s stock worth $2,043,000 after acquiring an additional 3,989 shares in the last quarter.

iShares U.S. Energy ETF Stock Performance

iShares U.S. Energy ETF stock opened at $45.41 on Friday. The stock’s 50 day moving average price is $44.81 and its 200 day moving average price is $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 one year low of $39.35 and a one year high of $51.61.

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.