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Fifth Third Bancorp Makes New Investment in iShares U.S. Energy ETF (NYSEARCA:IYE) – Defense World

Written by Amanda

Fifth Third Bancorp Makes New Investment in iShares U.S. Energy ETF (NYSEARCA:IYE)  Defense World




Fifth Third Bancorp purchased a new position in shares of iShares U.S. Energy ETF (NYSEARCA:IYEGet Rating) in the first quarter, HoldingsChannel reports. The fund purchased 2,968 shares of the company’s stock, valued at approximately $121,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Bank of America Corp DE raised its stake in shares of iShares U.S. Energy ETF by 6.7% during the 4th quarter. Bank of America Corp DE now owns 2,947,829 shares of the company’s stock valued at $88,729,000 after buying an additional 184,692 shares during the last quarter. CWM LLC purchased a new position in shares of iShares U.S. Energy ETF during the 4th quarter valued at about $84,205,000. MML Investors Services LLC raised its stake in shares of iShares U.S. Energy ETF by 4.8% during the 4th quarter. MML Investors Services LLC now owns 1,105,457 shares of the company’s stock valued at $33,274,000 after buying an additional 50,554 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in shares of iShares U.S. Energy ETF by 8.4% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 783,226 shares of the company’s stock valued at $23,575,000 after buying an additional 60,621 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in shares of iShares U.S. Energy ETF by 0.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 478,922 shares of the company’s stock valued at $14,415,000 after buying an additional 1,802 shares during the last quarter.

NYSEARCA IYE opened at $37.88 on Friday. The stock has a 50-day simple moving average of $42.39 and a two-hundred day simple moving average of $39.11. iShares U.S. Energy ETF has a fifty-two week low of $24.49 and a fifty-two week high of $49.31.

About iShares U.S. Energy ETF (Get Rating)

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.

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Want to see what other hedge funds are holding IYE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Energy ETF (NYSEARCA:IYEGet Rating).

Institutional Ownership by Quarter for iShares U.S. Energy ETF (NYSEARCA:IYE)

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Source: defenseworld.net

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Amanda

Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai

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