Ironwood Financial llc Makes New $926,000 Investment in iShares U.S. Energy ETF $IYE

Ironwood Financial llc purchased a new stake in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) during the 3rd quarter, Holdings Channel reports. The fund purchased 14,289 shares of the company’s stock, valued at approximately $926,000.

Several other hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE boosted its holdings in iShares U.S. Energy ETF by 56.6% in the first quarter. Bank of America Corp DE now owns 1,526,984 shares of the company’s stock valued at $98,903,000 after acquiring an additional 551,736 shares during the last quarter. Royal Bank of Canada increased its position in iShares U.S. Energy ETF by 8.5% in the first quarter. Royal Bank of Canada now owns 387,503 shares of the company’s stock worth $25,100,000 after purchasing an additional 30,333 shares during the period. Three Seasons Wealth LLC raised its holdings in iShares U.S. Energy ETF by 422.2% during the 2nd quarter. Three Seasons Wealth LLC now owns 337,812 shares of the company’s stock worth $19,117,000 after purchasing an additional 273,118 shares during the last quarter. Summit Financial Consulting LLC raised its holdings in iShares U.S. Energy ETF by 3.1% during the 3rd quarter. Summit Financial Consulting LLC now owns 135,494 shares of the company’s stock worth $8,780,000 after purchasing an additional 4,059 shares during the last quarter. Finally, WealthCare Asset Management LLC bought a new stake in iShares U.S. Energy ETF during the 1st quarter worth about $8,408,000. Institutional investors own 52.46% of the company’s stock.

iShares U.S. Energy ETF Trading Up 0.1%

iShares U.S. Energy ETF stock opened at $71.45 on Wednesday. iShares U.S. Energy ETF has a 1 year low of $45.88 and a 1 year high of $72.07. The company has a market cap of $1.80 billion, a PE ratio of 15.53 and a beta of 0.51. The company’s 50-day moving average is $67.48 and its two-hundred day moving average is $63.05.

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.