PNC Financial Services Group Inc. Buys 650 Shares of iShares U.S. Energy ETF (NYSEARCA:IYE)

PNC Financial Services Group Inc. raised its stake in iShares U.S. Energy ETF (NYSEARCA:IYE) by 9.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,453 shares of the company’s stock after acquiring an additional 650 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares U.S. Energy ETF were worth $329,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IYE. Stifel Financial Corp raised its position in iShares U.S. Energy ETF by 0.4% in the 3rd quarter. Stifel Financial Corp now owns 89,256 shares of the company’s stock valued at $4,233,000 after purchasing an additional 349 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in iShares U.S. Energy ETF by 187.4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 914 shares of the company’s stock worth $40,000 after acquiring an additional 596 shares during the last quarter. Allegheny Financial Group LTD increased its holdings in shares of iShares U.S. Energy ETF by 5.6% in the fourth quarter. Allegheny Financial Group LTD now owns 11,719 shares of the company’s stock valued at $517,000 after purchasing an additional 617 shares in the last quarter. Raymond James & Associates increased its stake in shares of iShares U.S. Energy ETF by 0.6% in the 4th quarter. Raymond James & Associates now owns 135,602 shares of the company’s stock valued at $5,983,000 after buying an additional 801 shares during the period. Finally, Sound Income Strategies LLC lifted its stake in shares of iShares U.S. Energy ETF by 84,100.0% during the fourth quarter. Sound Income Strategies LLC now owns 842 shares of the company’s stock valued at $37,000 after acquiring an additional 841 shares during the period.

iShares U.S. Energy ETF Stock Up 0.2 %

Shares of IYE stock opened at $48.00 on Friday. The firm has a market cap of $1.32 billion, a price-to-earnings ratio of 8.60 and a beta of 0.54. iShares U.S. Energy ETF has a 12 month low of $41.43 and a 12 month high of $51.70. The stock has a 50-day moving average price of $48.35 and a 200 day moving average price of $46.68.

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.