Northwest Wealth Advisors LLC Invests $555,000 in iShares U.S. Energy ETF $IYE

Northwest Wealth Advisors LLC purchased a new stake in iShares U.S. Energy ETF (NYSEARCA:IYE) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 11,667 shares of the company’s stock, valued at approximately $555,000.

A number of other large investors also recently added to or reduced their stakes in IYE. Westfuller Advisors LLC acquired a new stake in shares of iShares U.S. Energy ETF in the third quarter valued at about $28,000. Capital Investment Advisory Services LLC boosted its holdings in iShares U.S. Energy ETF by 253.3% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 954 shares of the company’s stock worth $45,000 after buying an additional 684 shares during the last quarter. Headlands Technologies LLC purchased a new stake in iShares U.S. Energy ETF during the 2nd quarter worth approximately $49,000. Triumph Capital Management acquired a new position in shares of iShares U.S. Energy ETF during the third quarter valued at approximately $58,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of iShares U.S. Energy ETF in the fourth quarter worth approximately $60,000. 52.46% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Energy ETF Stock Down 0.9%

iShares U.S. Energy ETF stock opened at $62.68 on Friday. The firm has a market capitalization of $1.79 billion, a price-to-earnings ratio of 15.53 and a beta of 0.46. iShares U.S. Energy ETF has a 52-week low of $42.88 and a 52-week high of $67.07. The company has a fifty day simple moving average of $61.78 and a 200-day simple moving average of $55.01.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.