Commonwealth Retirement Investments LLC Acquires Shares of 23,805 iShares U.S. Energy ETF $IYE

Commonwealth Retirement Investments LLC acquired a new stake in iShares U.S. Energy ETF (NYSEARCA:IYE) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 23,805 shares of the company’s stock, valued at approximately $1,131,000. Commonwealth Retirement Investments LLC owned 0.10% of iShares U.S. Energy ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. grew its stake in iShares U.S. Energy ETF by 14.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 722,662 shares of the company’s stock valued at $34,348,000 after acquiring an additional 90,366 shares during the period. UBS Group AG grew its stake in iShares U.S. Energy ETF by 3.0% in the fourth quarter. UBS Group AG now owns 603,424 shares of the company’s stock valued at $28,681,000 after acquiring an additional 17,453 shares during the period. Ameriprise Financial Inc. grew its stake in iShares U.S. Energy ETF by 0.3% in the third quarter. Ameriprise Financial Inc. now owns 376,191 shares of the company’s stock valued at $17,870,000 after acquiring an additional 943 shares during the period. MML Investors Services LLC boosted its position in shares of iShares U.S. Energy ETF by 6.0% during the second quarter. MML Investors Services LLC now owns 260,536 shares of the company’s stock valued at $11,781,000 after buying an additional 14,798 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its position in shares of iShares U.S. Energy ETF by 936.5% during the second quarter. BNP Paribas Financial Markets now owns 217,548 shares of the company’s stock valued at $9,838,000 after buying an additional 196,559 shares during the last quarter. Institutional investors and hedge funds own 52.46% of the company’s stock.

iShares U.S. Energy ETF Stock Up 1.1%

Shares of NYSEARCA:IYE opened at $61.76 on Tuesday. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of 15.53 and a beta of 0.44. iShares U.S. Energy ETF has a 12-month low of $44.21 and a 12-month high of $67.07. The business’s 50 day moving average is $61.59 and its 200 day moving average is $56.18.

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