ShoreHaven Wealth Partners LLC Raises Position in iShares U.S. Energy ETF (NYSEARCA:IYE)

ShoreHaven Wealth Partners LLC increased its holdings in iShares U.S. Energy ETF (NYSEARCA:IYE) by 11.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 16,454 shares of the company’s stock after purchasing an additional 1,661 shares during the period. ShoreHaven Wealth Partners LLC’s holdings in iShares U.S. Energy ETF were worth $750,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. boosted its stake in iShares U.S. Energy ETF by 345.4% in the 3rd quarter. Financial Management Professionals Inc. now owns 824 shares of the company’s stock worth $38,000 after buying an additional 639 shares during the last quarter. Ritter Daniher Financial Advisory LLC DE acquired a new position in shares of iShares U.S. Energy ETF during the 3rd quarter valued at about $49,000. Brown Brothers Harriman & Co. purchased a new position in shares of iShares U.S. Energy ETF during the 3rd quarter worth about $60,000. Golden State Wealth Management LLC purchased a new position in shares of iShares U.S. Energy ETF during the 4th quarter worth about $119,000. Finally, Icon Wealth Advisors LLC boosted its position in shares of iShares U.S. Energy ETF by 15.5% in the third quarter. Icon Wealth Advisors LLC now owns 3,069 shares of the company’s stock worth $142,000 after acquiring an additional 412 shares during the last quarter.

iShares U.S. Energy ETF Stock Performance

iShares U.S. Energy ETF stock opened at $47.44 on Friday. The company has a market cap of $1.30 billion, a price-to-earnings ratio of 8.60 and a beta of 0.54. iShares U.S. Energy ETF has a 1 year low of $43.36 and a 1 year high of $51.70. The firm has a 50 day moving average price of $47.11 and a 200 day moving average price of $47.50.

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.