Northwest Wealth Advisors LLC Takes Position in iShares U.S. Energy ETF $IYE

Northwest Wealth Advisors LLC bought a new stake in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 11,667 shares of the company’s stock, valued at approximately $555,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Jane Street Group LLC lifted its holdings in iShares U.S. Energy ETF by 49.4% during the first quarter. Jane Street Group LLC now owns 38,100 shares of the company’s stock worth $1,878,000 after buying an additional 12,606 shares during the period. Cresset Asset Management LLC bought a new position in shares of iShares U.S. Energy ETF in the 2nd quarter worth $281,000. Qube Research & Technologies Ltd bought a new position in shares of iShares U.S. Energy ETF in the 2nd quarter worth $204,000. Vivaldi Capital Management LP purchased a new stake in shares of iShares U.S. Energy ETF during the 2nd quarter worth $396,000. Finally, Quantinno Capital Management LP lifted its stake in shares of iShares U.S. Energy ETF by 15.1% during the 2nd quarter. Quantinno Capital Management LP now owns 35,103 shares of the company’s stock worth $1,587,000 after purchasing an additional 4,614 shares during the last quarter. Institutional investors own 52.46% of the company’s stock.

iShares U.S. Energy ETF Price Performance

Shares of IYE stock opened at $62.68 on Friday. The stock’s 50-day moving average is $61.78 and its 200 day moving average is $55.01. iShares U.S. Energy ETF has a 1-year low of $42.88 and a 1-year high of $67.07. The company has a market cap of $1.79 billion, a P/E ratio of 15.53 and a beta of 0.46.

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