Artesa Financial Group LLC Acquires Shares of 46,025 iShares U.S. Energy ETF $IYE

Artesa Financial Group LLC purchased a new stake in iShares U.S. Energy ETF (NYSEARCA:IYE) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 46,025 shares of the company’s stock, valued at approximately $2,188,000. iShares U.S. Energy ETF makes up approximately 2.3% of Artesa Financial Group LLC’s portfolio, making the stock its 14th largest holding. Artesa Financial Group LLC owned approximately 0.19% of iShares U.S. Energy ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Asempa Wealth Advisors bought a new stake in iShares U.S. Energy ETF during the fourth quarter worth about $1,041,000. Summit Financial Consulting LLC lifted its position in iShares U.S. Energy ETF by 11.5% during the fourth quarter. Summit Financial Consulting LLC now owns 153,227 shares of the company’s stock worth $7,283,000 after purchasing an additional 15,818 shares during the period. Matthew Goff Investment Advisor LLC bought a new stake in iShares U.S. Energy ETF during the fourth quarter worth about $460,000. UBS Group AG lifted its position in iShares U.S. Energy ETF by 3.0% during the fourth quarter. UBS Group AG now owns 603,424 shares of the company’s stock worth $28,681,000 after purchasing an additional 17,453 shares during the period. Finally, Northwest Wealth Advisors LLC bought a new stake in iShares U.S. Energy ETF during the fourth quarter worth about $555,000. 52.46% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Energy ETF Stock Down 1.6%

IYE opened at $60.79 on Wednesday. iShares U.S. Energy ETF has a twelve month low of $44.78 and a twelve month high of $67.07. The company has a 50-day simple moving average of $61.48 and a 200 day simple moving average of $56.27. The stock has a market capitalization of $1.74 billion, a price-to-earnings ratio of 15.53 and a beta of 0.44.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.