Creative Planning lowered its position in iShares U.S. Energy ETF (NYSEARCA:IYE) by 11.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 23,455 shares of the company’s stock after selling 2,988 shares during the period. Creative Planning’s holdings in iShares U.S. Energy ETF were worth $731,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of IYE. Bank of New York Mellon Corp purchased a new stake in iShares U.S. Energy ETF in the second quarter worth approximately $15,926,000. TRUE Private Wealth Advisors purchased a new stake in iShares U.S. Energy ETF in the third quarter worth approximately $11,582,000. Ferguson Wellman Capital Management Inc. purchased a new stake in iShares U.S. Energy ETF in the fourth quarter worth approximately $4,649,000. Ackerman Capital Advisors LLC purchased a new stake in iShares U.S. Energy ETF in the fourth quarter worth approximately $3,208,000. Finally, Bank of Montreal Can boosted its stake in iShares U.S. Energy ETF by 228.9% in the fourth quarter. Bank of Montreal Can now owns 104,669 shares of the company’s stock worth $3,261,000 after buying an additional 72,841 shares in the last quarter.
NYSEARCA:IYE opened at $35.29 on Thursday. iShares U.S. Energy ETF has a fifty-two week low of $28.99 and a fifty-two week high of $43.75.
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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.
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