Ballew Advisors Inc Raises Position in iShares U.S. Energy ETF (NYSEARCA:IYE)

Ballew Advisors Inc grew its position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 1.2% during the fourth quarter, Holdings Channel reports. The fund owned 22,471 shares of the company’s stock after purchasing an additional 263 shares during the period. Ballew Advisors Inc’s holdings in iShares U.S. Energy ETF were worth $1,079,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Ferguson Wellman Capital Management Inc. lifted its position in iShares U.S. Energy ETF by 3,857.2% during the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 292,319 shares of the company’s stock valued at $13,546,000 after acquiring an additional 284,932 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of iShares U.S. Energy ETF by 4,084.7% during the third quarter. International Assets Investment Management LLC now owns 99,260 shares of the company’s stock valued at $4,600,000 after purchasing an additional 96,888 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of iShares U.S. Energy ETF in the 2nd quarter worth approximately $1,946,000. Well Done LLC purchased a new stake in shares of iShares U.S. Energy ETF in the 3rd quarter worth approximately $1,656,000. Finally, Goodman Advisory Group LLC bought a new position in iShares U.S. Energy ETF during the 2nd quarter valued at approximately $1,281,000.

iShares U.S. Energy ETF Trading Up 0.7 %

Shares of NYSEARCA:IYE opened at $49.95 on Friday. The stock has a fifty day simple moving average of $47.93 and a two-hundred day simple moving average of $47.52. iShares U.S. Energy ETF has a 12-month low of $41.46 and a 12-month high of $51.70. The stock has a market capitalization of $1.37 billion, a price-to-earnings ratio of 8.60 and a beta of 0.54.

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.