ShoreHaven Wealth Partners LLC Purchases 6,486 Shares of iShares U.S. Energy ETF (NYSEARCA:IYE)

ShoreHaven Wealth Partners LLC boosted its holdings in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 129.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,509 shares of the company’s stock after acquiring an additional 6,486 shares during the period. ShoreHaven Wealth Partners LLC’s holdings in iShares U.S. Energy ETF were worth $508,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the business. Lodestar Private Asset Management LLC bought a new position in iShares U.S. Energy ETF in the third quarter worth approximately $201,000. Stifel Financial Corp lifted its stake in shares of iShares U.S. Energy ETF by 0.4% during the 3rd quarter. Stifel Financial Corp now owns 89,256 shares of the company’s stock worth $4,233,000 after purchasing an additional 349 shares during the last quarter. Raymond James & Associates boosted its position in iShares U.S. Energy ETF by 8.3% during the third quarter. Raymond James & Associates now owns 134,801 shares of the company’s stock valued at $6,394,000 after purchasing an additional 10,305 shares in the last quarter. Horizon Family Wealth Inc. bought a new stake in iShares U.S. Energy ETF during the third quarter valued at about $413,000. Finally, Planned Solutions Inc. purchased a new position in iShares U.S. Energy ETF in the fourth quarter valued at about $53,000.

iShares U.S. Energy ETF Trading Down 0.2 %

Shares of NYSEARCA:IYE traded down $0.08 during trading on Wednesday, reaching $48.72. The stock had a trading volume of 349,344 shares, compared to its average volume of 573,454. The company has a market capitalization of $1.34 billion, a P/E ratio of 8.60 and a beta of 0.54. iShares U.S. Energy ETF has a one year low of $40.24 and a one year high of $51.70. The firm’s 50-day simple moving average is $48.64 and its 200 day simple moving average is $45.72.

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.