KM Capital Management Ltd. Boosts Stake in iShares U.S. Energy ETF (NYSEARCA:IYE)

KM Capital Management Ltd. lifted its holdings in iShares U.S. Energy ETF (NYSEARCA:IYE) by 71.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 66,210 shares of the company’s stock after purchasing an additional 27,501 shares during the period. iShares U.S. Energy ETF makes up approximately 1.6% of KM Capital Management Ltd.’s holdings, making the stock its 16th largest holding. KM Capital Management Ltd.’s holdings in iShares U.S. Energy ETF were worth $3,017,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Ferguson Wellman Capital Management Inc. lifted its stake in shares of iShares U.S. Energy ETF by 3,857.2% in the third quarter. Ferguson Wellman Capital Management Inc. now owns 292,319 shares of the company’s stock worth $13,546,000 after buying an additional 284,932 shares in the last quarter. JPMorgan Chase & Co. raised its stake in iShares U.S. Energy ETF by 5.8% during the third quarter. JPMorgan Chase & Co. now owns 273,453 shares of the company’s stock worth $12,672,000 after purchasing an additional 15,059 shares during the period. AMG National Trust Bank raised its stake in iShares U.S. Energy ETF by 2.8% during the third quarter. AMG National Trust Bank now owns 146,733 shares of the company’s stock worth $6,800,000 after purchasing an additional 3,946 shares during the period. International Assets Investment Management LLC raised its stake in iShares U.S. Energy ETF by 4,084.7% during the third quarter. International Assets Investment Management LLC now owns 99,260 shares of the company’s stock worth $4,600,000 after purchasing an additional 96,888 shares during the period. Finally, Janney Montgomery Scott LLC raised its stake in iShares U.S. Energy ETF by 0.8% during the third quarter. Janney Montgomery Scott LLC now owns 60,150 shares of the company’s stock worth $2,787,000 after purchasing an additional 486 shares during the period.

iShares U.S. Energy ETF Price Performance

Shares of IYE stock opened at $48.00 on Friday. The firm’s 50-day moving average is $47.12 and its two-hundred day moving average is $47.54. iShares U.S. Energy ETF has a 12 month low of $43.71 and a 12 month high of $51.70. The company has a market capitalization of $1.32 billion, a PE 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.