JPMorgan Chase & Co. Acquires 15,059 Shares of iShares U.S. Energy ETF (NYSEARCA:IYE)

JPMorgan Chase & Co. raised its stake in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 5.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 273,453 shares of the company’s stock after buying an additional 15,059 shares during the period. JPMorgan Chase & Co. owned 0.99% of iShares U.S. Energy ETF worth $12,672,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in IYE. Sunbelt Securities Inc. grew its stake in iShares U.S. Energy ETF by 9.7% in the 3rd quarter. Sunbelt Securities Inc. now owns 35,610 shares of the company’s stock valued at $1,650,000 after buying an additional 3,158 shares during the last quarter. MML Investors Services LLC boosted its holdings in iShares U.S. Energy ETF by 32.8% during the third quarter. MML Investors Services LLC now owns 53,548 shares of the company’s stock valued at $2,481,000 after acquiring an additional 13,240 shares during the period. EP Wealth Advisors LLC increased its stake in shares of iShares U.S. Energy ETF by 29.3% in the third 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 period. Quantinno Capital Management LP lifted its position in shares of iShares U.S. Energy ETF by 50.7% during the 3rd quarter. Quantinno Capital Management LP now owns 8,389 shares of the company’s stock worth $389,000 after purchasing an additional 2,822 shares during the last quarter. Finally, IHT Wealth Management LLC boosted its stake in iShares U.S. Energy ETF by 2.4% during the 3rd quarter. IHT Wealth Management LLC now owns 30,729 shares of the company’s stock valued at $1,457,000 after purchasing an additional 728 shares during the period.

iShares U.S. Energy ETF Stock Up 0.3 %

Shares of NYSEARCA IYE opened at $47.01 on Friday. iShares U.S. Energy ETF has a 12 month low of $41.46 and a 12 month high of $51.70. The company has a market cap of $1.29 billion, a P/E ratio of 8.60 and a beta of 0.54. The business’s 50 day moving average is $47.87 and its two-hundred day 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.