UBS Group AG Purchases 17,453 Shares of iShares U.S. Energy ETF $IYE

UBS Group AG increased its position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 3.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 603,424 shares of the company’s stock after purchasing an additional 17,453 shares during the period. UBS Group AG owned about 2.50% of iShares U.S. Energy ETF worth $28,681,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Farther Finance Advisors LLC increased its position in shares of iShares U.S. Energy ETF by 171.0% during the fourth quarter. Farther Finance Advisors LLC now owns 11,703 shares of the company’s stock valued at $556,000 after purchasing an additional 7,385 shares during the period. Summit Financial Consulting LLC increased its position in shares of iShares U.S. Energy ETF by 11.5% during the fourth quarter. Summit Financial Consulting LLC now owns 153,227 shares of the company’s stock valued at $7,283,000 after purchasing an additional 15,818 shares during the period. Christensen King & Associates Investment Services Inc. bought a new stake in iShares U.S. Energy ETF in the fourth quarter valued at $205,000. Capital Investment Advisory Services LLC grew its position in iShares U.S. Energy ETF by 54.2% in the fourth quarter. Capital Investment Advisory Services LLC now owns 1,471 shares of the company’s stock valued at $70,000 after acquiring an additional 517 shares during the period. Finally, Flagship Harbor Advisors LLC bought a new stake in iShares U.S. Energy ETF in the fourth quarter valued at $60,000. 52.46% of the stock is currently owned by institutional investors.

iShares U.S. Energy ETF Price Performance

Shares of NYSEARCA:IYE opened at $59.09 on Friday. The business’s fifty day moving average price is $61.20 and its two-hundred day moving average price is $53.92. iShares U.S. Energy ETF has a fifty-two week low of $42.88 and a fifty-two week high of $67.07. The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of 15.53 and a beta of 0.46.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.