iShares U.S. Energy ETF (NYSEARCA:IYE – Get Free Report) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $71.27 and last traded at $46.3850, with a volume of 929685 shares changing hands. The stock had previously closed at $47.96.
iShares U.S. Energy ETF Stock Performance
The firm has a 50-day moving average price of $47.38 and a two-hundred day moving average price of $46.69. The firm has a market cap of $1.10 billion, a price-to-earnings ratio of 15.53 and a beta of 0.78.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of IYE. Captrust Financial Advisors raised its stake in iShares U.S. Energy ETF by 1.8% during the 3rd quarter. Captrust Financial Advisors now owns 34,006 shares of the company’s stock worth $1,616,000 after acquiring an additional 598 shares in the last quarter. Kestra Private Wealth Services LLC grew its holdings in shares of iShares U.S. Energy ETF by 4.3% during the third quarter. Kestra Private Wealth Services LLC now owns 10,455 shares of the company’s stock worth $497,000 after purchasing an additional 434 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of iShares U.S. Energy ETF by 2.0% during the third quarter. NewEdge Advisors LLC now owns 40,879 shares of the company’s stock worth $1,943,000 after purchasing an additional 807 shares in the last quarter. Triumph Capital Management purchased a new position in iShares U.S. Energy ETF during the 3rd quarter worth approximately $58,000. Finally, Politan Capital Management LP increased its position in iShares U.S. Energy ETF by 13.9% during the third quarter. Politan Capital Management LP now owns 19,599 shares of the company’s stock worth $931,000 after buying an additional 2,390 shares during the period. Institutional investors and hedge funds own 52.46% of the company’s stock.
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.
See Also
- Five stocks we like better than iShares U.S. Energy ETF
- Ride Out The Recession With These Dividend Kings
- Western Digital’s Nasdaq-100 Entry Caps Its AI-Driven Comeback
- Stock Analyst Ratings and Canadian Analyst Ratings
- Paramount Threw a Wrench in Netflix’s Bid to Acquire Warner Bros.
- What is the MACD Indicator and How to Use it in Your Trading
- 3 Healthcare Giants Just Raised Dividends—Here’s Who Pays the Most
Receive News & Ratings for iShares U.S. Energy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Energy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
