Wealth Enhancement Advisory Services LLC Increases Holdings in iShares U.S. Energy ETF (NYSEARCA:IYE)

Wealth Enhancement Advisory Services LLC lifted its position in iShares U.S. Energy ETF (NYSEARCA:IYE) by 27.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,133 shares of the company’s stock after purchasing an additional 4,287 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.07% of iShares U.S. Energy ETF worth $917,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of IYE. Capital A Wealth Management LLC purchased a new position in shares of iShares U.S. Energy ETF in the fourth quarter worth about $25,000. Key Financial Inc purchased a new position in shares of iShares U.S. Energy ETF in the fourth quarter worth about $27,000. JFS Wealth Advisors LLC raised its position in iShares U.S. Energy ETF by 820.8% during the fourth quarter. JFS Wealth Advisors LLC now owns 663 shares of the company’s stock valued at $30,000 after acquiring an additional 591 shares in the last quarter. GKV Capital Management Co. Inc. purchased a new position in iShares U.S. Energy ETF during the fourth quarter valued at approximately $35,000. Finally, Ameriflex Group Inc. purchased a new position in iShares U.S. Energy ETF during the fourth quarter valued at approximately $35,000.

iShares U.S. Energy ETF Trading Down 0.0%

Shares of IYE stock opened at $44.44 on Tuesday. The stock has a 50 day moving average of $43.37 and a 200 day moving average of $46.11. The stock has a market cap of $1.12 billion, a P/E ratio of 13.94 and a beta of 0.80. iShares U.S. Energy ETF has a twelve month low of $39.35 and a twelve month 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.