iShares U.S. Energy ETF $IYE Shares Purchased by Three Seasons Wealth LLC

Three Seasons Wealth LLC raised its stake in iShares U.S. Energy ETF (NYSEARCA:IYE) by 422.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 337,812 shares of the company’s stock after purchasing an additional 273,118 shares during the quarter. iShares U.S. Energy ETF makes up about 1.7% of Three Seasons Wealth LLC’s portfolio, making the stock its 5th biggest holding. Three Seasons Wealth LLC’s holdings in iShares U.S. Energy ETF were worth $19,117,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE raised its stake in shares of iShares U.S. Energy ETF by 56.6% during the 1st quarter. Bank of America Corp DE now owns 1,526,984 shares of the company’s stock worth $98,903,000 after purchasing an additional 551,736 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of 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 buying an additional 90,366 shares in the last quarter. UBS Group AG grew its stake in shares of 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 buying an additional 17,453 shares in the last quarter. Royal Bank of Canada increased its holdings in iShares U.S. Energy ETF by 8.5% during the first quarter. Royal Bank of Canada now owns 387,503 shares of the company’s stock worth $25,100,000 after buying an additional 30,333 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in iShares U.S. Energy ETF by 0.3% during the third quarter. Ameriprise Financial Inc. now owns 376,191 shares of the company’s stock worth $17,870,000 after buying an additional 943 shares during the last quarter. Institutional investors and hedge funds own 52.46% of the company’s stock.

iShares U.S. Energy ETF Trading Down 0.9%

NYSEARCA IYE opened at $67.73 on Friday. The firm has a market capitalization of $1.89 billion, a P/E ratio of 15.53 and a beta of 0.46. The firm’s fifty day moving average price is $62.83 and its two-hundred day moving average price is $61.43. iShares U.S. Energy ETF has a 1 year low of $45.12 and a 1 year high of $69.28.

About iShares U.S. Energy ETF

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.