HighTower Advisors LLC Purchases 10,095 Shares of iShares U.S. Energy ETF (NYSEARCA:IYE)

HighTower Advisors LLC grew its position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 22.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 55,138 shares of the company’s stock after acquiring an additional 10,095 shares during the quarter. HighTower Advisors LLC owned about 0.20% of iShares U.S. Energy ETF worth $2,513,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Key Financial Inc bought a new position in shares of iShares U.S. Energy ETF during the 4th quarter valued at approximately $27,000. JFS Wealth Advisors LLC boosted its position in shares of iShares U.S. Energy ETF by 820.8% during the 4th quarter. JFS Wealth Advisors LLC now owns 663 shares of the company’s stock valued at $30,000 after acquiring an additional 591 shares during the last quarter. Brown Brothers Harriman & Co. bought a new position in shares of iShares U.S. Energy ETF during the 3rd quarter valued at approximately $60,000. Golden State Wealth Management LLC bought a new position in shares of iShares U.S. Energy ETF during the 4th quarter valued at approximately $119,000. Finally, Icon Wealth Advisors LLC boosted its position in shares of iShares U.S. Energy ETF by 15.5% during the 3rd quarter. Icon Wealth Advisors LLC now owns 3,069 shares of the company’s stock valued at $142,000 after acquiring an additional 412 shares during the last quarter.

iShares U.S. Energy ETF Stock Performance

NYSEARCA IYE opened at $48.41 on Friday. iShares U.S. Energy ETF has a one year low of $43.71 and a one year high of $51.70. The company has a market capitalization of $1.31 billion, a P/E ratio of 14.66 and a beta of 1.25. The stock has a 50 day moving average price of $47.67 and a 200-day moving average price of $47.49.

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.