Apeiron RIA LLC Purchases Shares of 27,469 iShares U.S. Energy ETF $IYE

Apeiron RIA LLC purchased a new position in iShares U.S. Energy ETF (NYSEARCA:IYE) in the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 27,469 shares of the company’s stock, valued at approximately $1,779,000.

Several other institutional investors have also added to or reduced their stakes in the business. Asempa Wealth Advisors acquired a new position in shares of iShares U.S. Energy ETF during the fourth quarter valued at about $1,041,000. Summit Financial Consulting LLC boosted its stake in iShares U.S. Energy ETF by 11.5% in the 4th 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 in the last quarter. Matthew Goff Investment Advisor LLC acquired a new stake in iShares U.S. Energy ETF in the 4th quarter worth approximately $460,000. UBS Group AG grew its position in iShares U.S. Energy ETF by 3.0% during the 4th 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 last quarter. Finally, Northwest Wealth Advisors LLC purchased a new stake in iShares U.S. Energy ETF during the 4th quarter worth approximately $555,000. Institutional investors and hedge funds own 52.46% of the company’s stock.

iShares U.S. Energy ETF Stock Performance

Shares of iShares U.S. Energy ETF stock opened at $56.75 on Friday. iShares U.S. Energy ETF has a 12-month low of $44.78 and a 12-month high of $67.07. The firm has a market capitalization of $1.53 billion, a price-to-earnings ratio of 15.53 and a beta of 0.44. The firm’s 50 day simple moving average is $60.26 and its two-hundred day simple moving average is $57.44.

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.