Northwestern Mutual Wealth Management Co. Has $1.78 Million Holdings in iShares U.S. Energy ETF (NYSEARCA:IYE)

Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 0.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,068 shares of the company’s stock after acquiring an additional 277 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.13% of iShares U.S. Energy ETF worth $1,779,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Vermillion & White Wealth Management Group LLC bought a new stake in shares of iShares U.S. Energy ETF in the fourth quarter valued at about $58,000. Counterweight Ventures LLC bought a new stake in iShares U.S. Energy ETF in the 4th quarter valued at approximately $2,232,000. Pineridge Advisors LLC acquired a new position in iShares U.S. Energy ETF during the 4th quarter worth approximately $90,000. PNC Financial Services Group Inc. grew its stake in shares of iShares U.S. Energy ETF by 9.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,453 shares of the company’s stock worth $329,000 after acquiring an additional 650 shares in the last quarter. Finally, Heartwood Wealth Advisors LLC raised its holdings in shares of iShares U.S. Energy ETF by 11.4% in the first quarter. Heartwood Wealth Advisors LLC now owns 24,437 shares of the company’s stock valued at $1,207,000 after purchasing an additional 2,498 shares during the last quarter.

iShares U.S. Energy ETF Trading Up 1.0 %

Shares of IYE stock opened at $49.04 on Friday. The firm’s fifty day moving average price is $46.85 and its two-hundred day moving average price is $48.00. iShares U.S. Energy ETF has a 1 year low of $41.46 and a 1 year high of $51.70. The firm has a market capitalization of $1.35 billion, a P/E ratio of 8.60 and a beta of 0.54.

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.