Counterweight Ventures LLC Takes Position in iShares U.S. Energy ETF (NYSEARCA:IYE)

Counterweight Ventures LLC bought a new stake in iShares U.S. Energy ETF (NYSEARCA:IYE) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 50,589 shares of the company’s stock, valued at approximately $2,232,000. iShares U.S. Energy ETF makes up about 2.0% of Counterweight Ventures LLC’s holdings, making the stock its 22nd biggest holding. Counterweight Ventures LLC owned about 0.17% of iShares U.S. Energy ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of IYE. International Assets Investment Management LLC grew its stake in shares of iShares U.S. Energy ETF by 3,280.9% in the fourth quarter. International Assets Investment Management LLC now owns 271,956 shares of the company’s stock valued at $11,999,000 after buying an additional 263,912 shares in the last quarter. Crestwood Advisors Group LLC acquired a new stake in iShares U.S. Energy ETF during the 4th quarter valued at approximately $11,148,000. Modera Wealth Management LLC acquired a new stake in iShares U.S. Energy ETF during the 3rd quarter valued at approximately $9,916,000. Robertson Stephens Wealth Management LLC acquired a new stake in iShares U.S. Energy ETF during the 3rd quarter valued at approximately $5,038,000. Finally, Waterloo Capital L.P. acquired a new stake in iShares U.S. Energy ETF during the 4th quarter valued at approximately $3,113,000.

iShares U.S. Energy ETF Trading Down 1.0 %

NYSEARCA IYE traded down $0.45 during mid-day trading on Friday, reaching $46.21. 272,702 shares of the company’s stock traded hands, compared to its average volume of 543,947. iShares U.S. Energy ETF has a 1-year low of $40.57 and a 1-year high of $51.70. The company has a fifty day simple moving average of $48.90 and a 200-day simple moving average of $46.41. The company has a market cap of $1.27 billion, a price-to-earnings ratio of 8.60 and a beta of 0.54.

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.