Quadrant Private Wealth Management LLC Has $360,000 Stock Position in iShares U.S. Energy ETF (NYSEARCA:IYE)

Quadrant Private Wealth Management LLC raised its stake in iShares U.S. Energy ETF (NYSEARCA:IYE) by 33.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 7,903 shares of the company’s stock after buying an additional 1,976 shares during the quarter. Quadrant Private Wealth Management LLC’s holdings in iShares U.S. Energy ETF were worth $360,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Financial Management Professionals Inc. raised its stake in shares of iShares U.S. Energy ETF by 345.4% in the third quarter. Financial Management Professionals Inc. now owns 824 shares of the company’s stock worth $38,000 after purchasing an additional 639 shares during the last quarter. Ritter Daniher Financial Advisory LLC DE purchased a new stake in shares of iShares U.S. Energy ETF in the third quarter worth approximately $49,000. Brown Brothers Harriman & Co. purchased a new stake in shares of iShares U.S. Energy ETF in the third quarter worth approximately $60,000. Golden State Wealth Management LLC purchased a new stake in shares of iShares U.S. Energy ETF in the fourth quarter worth approximately $119,000. Finally, Icon Wealth Advisors LLC raised its stake 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 purchasing an additional 412 shares during the last quarter.

iShares U.S. Energy ETF Stock Up 0.4 %

Shares of iShares U.S. Energy ETF stock opened at $47.63 on Friday. The company has a market cap of $1.31 billion, a PE ratio of 8.60 and a beta of 0.54. iShares U.S. Energy ETF has a 52 week low of $43.61 and a 52 week high of $51.70. The business has a 50 day moving average price of $47.06 and a 200-day moving average price of $47.49.

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.