Raymond James Financial Inc. Acquires Shares of 223,922 iShares U.S. Energy ETF (NYSEARCA:IYE)

Raymond James Financial Inc. acquired a new stake in iShares U.S. Energy ETF (NYSEARCA:IYE) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 223,922 shares of the company’s stock, valued at approximately $10,204,000. Raymond James Financial Inc. owned about 0.81% of iShares U.S. Energy ETF as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of IYE. JPMorgan Chase & Co. boosted its position in shares of iShares U.S. Energy ETF by 5.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 273,453 shares of the company’s stock worth $12,672,000 after purchasing an additional 15,059 shares during the last quarter. Truist Financial Corp boosted its position in shares of iShares U.S. Energy ETF by 4.1% in the 4th quarter. Truist Financial Corp now owns 26,708 shares of the company’s stock worth $1,217,000 after purchasing an additional 1,051 shares during the last quarter. EP Wealth Advisors LLC boosted its position in shares of iShares U.S. Energy ETF by 29.3% in the 3rd quarter. EP Wealth Advisors LLC now owns 3,365 shares of the company’s stock worth $156,000 after purchasing an additional 763 shares during the last quarter. Atria Investments Inc boosted its position in shares of iShares U.S. Energy ETF by 10.6% in the 4th quarter. Atria Investments Inc now owns 11,785 shares of the company’s stock worth $537,000 after purchasing an additional 1,134 shares during the last quarter. Finally, D.A. Davidson & CO. bought a new position in shares of iShares U.S. Energy ETF in the 4th quarter worth $205,000.

iShares U.S. Energy ETF Stock Down 0.7 %

NYSEARCA:IYE opened at $48.41 on Friday. iShares U.S. Energy ETF has a 12-month low of $43.71 and a 12-month high of $51.70. The firm has a market capitalization of $1.31 billion, a P/E ratio of 14.66 and a beta of 1.25. The stock’s fifty day simple moving average is $47.67 and its 200-day simple moving average is $47.48.

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.