HighTower Advisors LLC Has $2.08 Million Stake in iShares U.S. Energy ETF (NYSEARCA:IYE)

HighTower Advisors LLC increased its stake in iShares U.S. Energy ETF (NYSEARCA:IYE) by 2.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 45,043 shares of the company’s stock after purchasing an additional 1,077 shares during the period. HighTower Advisors LLC owned approximately 0.16% of iShares U.S. Energy ETF worth $2,083,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IYE. Ferguson Wellman Capital Management Inc. grew its stake in shares of iShares U.S. Energy ETF by 3,857.2% during the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 292,319 shares of the company’s stock worth $13,546,000 after acquiring an additional 284,932 shares in the last quarter. Envestnet Asset Management Inc. grew its position in iShares U.S. Energy ETF by 2.2% in the second quarter. Envestnet Asset Management Inc. now owns 174,967 shares of the company’s stock valued at $8,398,000 after purchasing an additional 3,821 shares in the last quarter. AMG National Trust Bank grew its position in iShares U.S. Energy ETF by 2.8% in the third quarter. AMG National Trust Bank now owns 146,733 shares of the company’s stock valued at $6,800,000 after purchasing an additional 3,946 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in iShares U.S. Energy ETF by 0.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 144,693 shares of the company’s stock valued at $6,945,000 after buying an additional 667 shares during the last quarter. Finally, Bellwether Advisors LLC lifted its position in iShares U.S. Energy ETF by 5.0% during the 2nd quarter. Bellwether Advisors LLC now owns 112,732 shares of the company’s stock worth $5,411,000 after buying an additional 5,340 shares in the last quarter.

iShares U.S. Energy ETF Price Performance

iShares U.S. Energy ETF stock opened at $47.32 on Friday. The company has a market cap of $1.30 billion, a price-to-earnings ratio of 8.60 and a beta of 0.54. The firm has a 50-day moving average of $48.61 and a 200-day moving average of $47.73. iShares U.S. Energy ETF has a one year low of $41.46 and a one year high of $51.70.

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.