Wells Fargo & Company MN trimmed its stake in iShares U.S. Energy ETF (NYSEARCA:IYE – Free Report) by 2.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 940,266 shares of the company’s stock after selling 27,797 shares during the period. Wells Fargo & Company MN owned about 3.19% of iShares U.S. Energy ETF worth $41,485,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently added to or reduced their stakes in the company. Sound Income Strategies LLC raised its holdings in shares of iShares U.S. Energy ETF by 84,100.0% in the 4th quarter. Sound Income Strategies LLC now owns 842 shares of the company’s stock valued at $37,000 after purchasing an additional 841 shares in the last quarter. Atlantic Edge Private Wealth Management LLC bought a new stake in shares of iShares U.S. Energy ETF in the 4th quarter valued at about $50,000. Trust Co. of Vermont bought a new stake in shares of iShares U.S. Energy ETF in the 3rd quarter valued at about $56,000. Planned Solutions Inc. bought a new stake in shares of iShares U.S. Energy ETF in the 4th quarter valued at about $53,000. Finally, Provence Wealth Management Group bought a new stake in shares of iShares U.S. Energy ETF in the 3rd quarter valued at about $70,000.
iShares U.S. Energy ETF Stock Up 0.3 %
NYSEARCA IYE opened at $48.16 on Monday. The firm has a market cap of $1.32 billion, a PE ratio of 8.60 and a beta of 0.54. The company has a 50 day moving average price of $49.38 and a 200 day moving average price of $46.07. iShares U.S. Energy ETF has a 52 week low of $40.24 and a 52 week high of $51.70.
iShares U.S. Energy ETF Company 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.
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Source: defenseworld.net
