Schneider Downs Wealth Management Advisors LP Makes New Investment in iShares U.S. Energy ETF (NYSEARCA:IYE)

Schneider Downs Wealth Management Advisors LP acquired a new position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,962 shares of the company’s stock, valued at approximately $500,000.

Other large investors have also modified their holdings of the company. Key Financial Inc bought a new stake in shares of iShares U.S. Energy ETF during the 4th quarter worth $27,000. JFS Wealth Advisors LLC raised its stake in iShares U.S. Energy ETF by 820.8% during the 4th quarter. JFS Wealth Advisors LLC now owns 663 shares of the company’s stock valued at $30,000 after purchasing an additional 591 shares during the last quarter. Ritter Daniher Financial Advisory LLC DE acquired a new position in iShares U.S. Energy ETF during the 3rd quarter valued at $49,000. Brown Brothers Harriman & Co. acquired a new position in iShares U.S. Energy ETF during the 3rd quarter valued at $60,000. Finally, Golden State Wealth Management LLC acquired a new position in iShares U.S. Energy ETF during the 4th quarter valued at $119,000.

iShares U.S. Energy ETF Stock Performance

Shares of IYE stock opened at $47.10 on Thursday. iShares U.S. Energy ETF has a 52-week low of $43.71 and a 52-week high of $51.70. The stock has a market cap of $1.27 billion, a price-to-earnings ratio of 14.66 and a beta of 1.25. The firm has a fifty day moving average of $47.24 and a 200-day moving average of $47.56.

iShares U.S. Energy ETF 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.