GKV Capital Management Co. Inc. Takes Position in iShares U.S. Energy ETF (NYSEARCA:IYE)

GKV Capital Management Co. Inc. bought a new position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 764 shares of the company’s stock, valued at approximately $35,000.

Several other large investors have also recently bought and sold shares of the stock. Raymond James Financial Inc. bought a new stake in shares of iShares U.S. Energy ETF in the 4th quarter valued at approximately $10,204,000. LPL Financial LLC grew its position in iShares U.S. Energy ETF by 53.3% in the fourth quarter. LPL Financial LLC now owns 642,481 shares of the company’s stock valued at $29,278,000 after acquiring an additional 223,516 shares during the period. JPMorgan Chase & Co. raised its stake in iShares U.S. Energy ETF by 66.3% during the fourth quarter. JPMorgan Chase & Co. now owns 454,722 shares of the company’s stock worth $20,722,000 after acquiring an additional 181,269 shares in the last quarter. Dynasty Wealth Management LLC acquired a new stake in shares of iShares U.S. Energy ETF in the 4th quarter valued at $2,482,000. Finally, Sagespring Wealth Partners LLC acquired a new stake in shares of iShares U.S. Energy ETF during the 4th quarter worth about $1,962,000.

iShares U.S. Energy ETF Stock Up 2.3 %

NYSEARCA:IYE opened at $43.20 on Friday. The firm has a market cap of $1.16 billion, a PE ratio of 15.74 and a beta of 0.95. The company’s 50-day moving average price is $46.27 and its two-hundred day moving average price is $47.32. iShares U.S. Energy ETF has a 12 month low of $39.35 and a 12 month high of $51.61.

iShares U.S. Energy ETF Company 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.