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

Ameriprise Financial Inc. grew its stake in iShares U.S. Energy ETF (NYSEARCA:IYE) by 47.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 293,672 shares of the company’s stock after buying an additional 94,751 shares during the quarter. Ameriprise Financial Inc. owned 1.07% of iShares U.S. Energy ETF worth $13,383,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of IYE. Raymond James Financial Inc. acquired a new position in shares of iShares U.S. Energy ETF in the 4th quarter valued at about $10,204,000. LPL Financial LLC lifted its holdings in shares of 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 buying an additional 223,516 shares during the period. MML Investors Services LLC raised its holdings 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 worth $10,937,000 after purchasing an additional 186,465 shares during the period. JPMorgan Chase & Co. raised its holdings in iShares U.S. Energy ETF by 66.3% in the 4th quarter. JPMorgan Chase & Co. now owns 454,722 shares of the company’s stock worth $20,722,000 after purchasing an additional 181,269 shares during the period. Finally, Dynasty Wealth Management LLC acquired a new position in iShares U.S. Energy ETF in the 4th quarter worth about $2,482,000.

iShares U.S. Energy ETF Trading Down 0.3%

NYSEARCA IYE opened at $45.41 on Friday. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 13.94 and a beta of 0.81. iShares U.S. Energy ETF has a twelve month low of $39.35 and a twelve month high of $51.61. The stock has a 50-day moving average of $44.81 and a 200 day moving average of $46.73.

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.