15,037 Shares in iShares U.S. Energy ETF $IYE Purchased by Navellier & Associates Inc.

Navellier & Associates Inc. acquired a new position in iShares U.S. Energy ETF (NYSEARCA:IYE) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 15,037 shares of the company’s stock, valued at approximately $715,000.

Other large investors have also recently made changes to their positions in the company. Westfuller Advisors LLC bought a new stake in shares of iShares U.S. Energy ETF in the 3rd quarter worth approximately $28,000. Capital Investment Advisory Services LLC increased its position in iShares U.S. Energy ETF by 253.3% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 954 shares of the company’s stock valued at $45,000 after buying an additional 684 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in iShares U.S. Energy ETF during the second quarter valued at $45,000. Headlands Technologies LLC purchased a new position in iShares U.S. Energy ETF during the second quarter valued at $49,000. Finally, Geneos Wealth Management Inc. boosted its holdings in iShares U.S. Energy ETF by 173.9% in the second quarter. Geneos Wealth Management Inc. now owns 1,575 shares of the company’s stock worth $71,000 after acquiring an additional 1,000 shares in the last quarter. 52.46% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Energy ETF Trading Down 0.1%

NYSEARCA IYE opened at $56.64 on Wednesday. iShares U.S. Energy ETF has a 12 month low of $39.35 and a 12 month high of $56.83. The stock’s fifty day moving average price is $50.07 and its 200-day moving average price is $48.03. The stock has a market cap of $1.38 billion, a P/E ratio of 15.53 and a beta of 0.78.

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