MML Investors Services LLC Increases Position in iShares U.S. Energy ETF (NYSEARCA:IYE)

MML Investors Services LLC raised its position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 32.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 53,548 shares of the company’s stock after purchasing an additional 13,240 shares during the period. MML Investors Services LLC owned approximately 0.19% of iShares U.S. Energy ETF worth $2,481,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. EP Wealth Advisors LLC grew its position in iShares U.S. Energy ETF by 29.3% during the third quarter. EP Wealth Advisors LLC now owns 3,365 shares of the company’s stock valued at $156,000 after acquiring an additional 763 shares during the last quarter. Quantinno Capital Management LP lifted its stake in iShares U.S. Energy ETF by 50.7% in the third quarter. Quantinno Capital Management LP now owns 8,389 shares of the company’s stock worth $389,000 after purchasing an additional 2,822 shares during the last quarter. IHT Wealth Management LLC lifted its stake in iShares U.S. Energy ETF by 2.4% in the third quarter. IHT Wealth Management LLC now owns 30,729 shares of the company’s stock worth $1,457,000 after purchasing an additional 728 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in iShares U.S. Energy ETF by 11.4% in the third quarter. Integrated Wealth Concepts LLC now owns 29,821 shares of the company’s stock worth $1,382,000 after purchasing an additional 3,053 shares during the last quarter. Finally, HighTower Advisors LLC boosted its position in iShares U.S. Energy ETF by 2.4% during the third quarter. HighTower Advisors LLC now owns 45,043 shares of the company’s stock valued at $2,083,000 after buying an additional 1,077 shares during the period.

iShares U.S. Energy ETF Trading Down 0.7 %

IYE opened at $47.32 on Monday. iShares U.S. Energy ETF has a 12 month low of $41.46 and a 12 month high of $51.70. The business’s 50-day moving average price is $48.61 and its 200-day moving average price is $47.73. The company has a market cap of $1.30 billion, a P/E ratio of 8.60 and a beta of 0.54.

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.