Watershed Private Wealth LLC Invests $306,000 in iShares U.S. Energy ETF (NYSEARCA:IYE)

Watershed Private Wealth LLC acquired a new position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,707 shares of the company’s stock, valued at approximately $306,000.

A number of other hedge funds have also bought and sold shares of the company. Ferguson Wellman Capital Management Inc. grew its holdings in 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 during the period. JPMorgan Chase & Co. increased its holdings in iShares U.S. Energy ETF by 5.8% in 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 in the last quarter. AMG National Trust Bank lifted its stake 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 buying an additional 3,946 shares during the period. International Assets Investment Management LLC boosted its holdings in shares of iShares U.S. Energy ETF by 4,084.7% during the 3rd quarter. International Assets Investment Management LLC now owns 99,260 shares of the company’s stock worth $4,600,000 after buying an additional 96,888 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its position in shares of iShares U.S. Energy ETF by 0.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 60,150 shares of the company’s stock worth $2,787,000 after buying an additional 486 shares during the period.

iShares U.S. Energy ETF Stock Down 1.0 %

NYSEARCA:IYE opened at $47.38 on Wednesday. The firm has a market capitalization of $1.30 billion, a P/E ratio of 8.60 and a beta of 0.54. iShares U.S. Energy ETF has a twelve month low of $42.99 and a twelve month high of $51.70. The company has a fifty day moving average of $47.82 and a 200-day moving average of $47.58.

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.