Geneos Wealth Management Inc. raised its holdings in iShares U.S. Energy ETF (NYSEARCA:IYE – Get Rating) by 299.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,419 shares of the company’s stock after acquiring an additional 14,557 shares during the period. Geneos Wealth Management Inc.’s holdings in iShares U.S. Energy ETF were worth $903,000 at the end of the most recent reporting period.
A number of other large investors have also recently modified their holdings of IYE. Mercer Global Advisors Inc. ADV raised its position in iShares U.S. Energy ETF by 0.5% during the third quarter. Mercer Global Advisors Inc. ADV now owns 144,173 shares of the company’s stock valued at $5,667,000 after purchasing an additional 776 shares in the last quarter. Ferguson Wellman Capital Management Inc. bought a new position in shares of iShares U.S. Energy ETF in the fourth quarter worth approximately $223,000. Brookstone Capital Management grew its holdings in shares of iShares U.S. Energy ETF by 1.8% in the fourth quarter. Brookstone Capital Management now owns 102,100 shares of the company’s stock worth $4,725,000 after purchasing an additional 1,804 shares during the last quarter. Forte Asset Management LLC raised its holdings in iShares U.S. Energy ETF by 31.9% during the 4th quarter. Forte Asset Management LLC now owns 58,090 shares of the company’s stock valued at $2,701,000 after buying an additional 14,060 shares during the last quarter. Finally, Baystate Wealth Management LLC boosted its position in iShares U.S. Energy ETF by 12.7% during the 4th quarter. Baystate Wealth Management LLC now owns 3,559 shares of the company’s stock valued at $165,000 after buying an additional 401 shares during the period.
iShares U.S. Energy ETF Stock Performance
NYSEARCA IYE opened at $45.80 on Friday. The stock has a market cap of $1.86 billion, a P/E ratio of 17.07 and a beta of 1.40. The stock has a 50 day simple moving average of $44.47 and a two-hundred day simple moving average of $45.74. iShares U.S. Energy ETF has a fifty-two week low of $34.94 and a fifty-two week high of $50.75.
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.
Further Reading
- Get a free copy of the StockNews.com research report on iShares U.S. Energy ETF (IYE)
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