iShares U.S. Energy ETF (NYSEARCA:IYE) Shares Bought by Wells Fargo & Company MN

Wells Fargo & Company MN grew its position in iShares U.S. Energy ETF (NYSEARCA:IYE) by 3.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,050,136 shares of the company’s stock after buying an additional 31,900 shares during the period. Wells Fargo & Company MN owned 3.82% of iShares U.S. Energy ETF worth $47,855,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Headlands Technologies LLC purchased a new stake in shares of iShares U.S. Energy ETF in the 4th quarter valued at approximately $100,000. O Shaughnessy Asset Management LLC boosted its position in shares of iShares U.S. Energy ETF by 32.0% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,188 shares of the company’s stock worth $54,000 after purchasing an additional 288 shares during the period. Biondo Investment Advisors LLC boosted its position in shares of iShares U.S. Energy ETF by 2.0% during the 4th quarter. Biondo Investment Advisors LLC now owns 37,570 shares of the company’s stock worth $1,712,000 after purchasing an additional 750 shares during the period. JPMorgan Chase & Co. boosted its position in shares of iShares U.S. Energy ETF by 66.3% during the 4th quarter. JPMorgan Chase & Co. now owns 454,722 shares of the company’s stock worth $20,722,000 after purchasing an additional 181,269 shares during the period. Finally, LPL Financial LLC boosted its position in shares of iShares U.S. Energy ETF by 53.3% during the 4th quarter. LPL Financial LLC now owns 642,481 shares of the company’s stock worth $29,278,000 after purchasing an additional 223,516 shares during the period.

iShares U.S. Energy ETF Stock Performance

NYSEARCA:IYE opened at $43.56 on Thursday. The stock has a market capitalization of $1.17 billion, a P/E ratio of 15.74 and a beta of 0.95. The company has a 50 day moving average price of $46.92 and a 200 day moving average price of $47.50. iShares U.S. Energy ETF has a fifty-two week low of $39.35 and a fifty-two 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.