Integrity Alliance LLC. bought a new stake in iShares U.S. Energy ETF (NYSEARCA:IYE – Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 9,189 shares of the company’s stock, valued at approximately $595,000.
Several other hedge funds and other institutional investors also recently modified their holdings of IYE. Bank of America Corp DE increased its holdings in shares of iShares U.S. Energy ETF by 56.6% in the 1st quarter. Bank of America Corp DE now owns 1,526,984 shares of the company’s stock worth $98,903,000 after acquiring an additional 551,736 shares during the period. Royal Bank of Canada boosted its stake in iShares U.S. Energy ETF by 8.5% during the 1st quarter. Royal Bank of Canada now owns 387,503 shares of the company’s stock valued at $25,100,000 after purchasing an additional 30,333 shares during the period. Three Seasons Wealth LLC boosted its stake in iShares U.S. Energy ETF by 422.2% during the 2nd quarter. Three Seasons Wealth LLC now owns 337,812 shares of the company’s stock valued at $19,117,000 after purchasing an additional 273,118 shares during the period. Summit Financial Consulting LLC grew its position in iShares U.S. Energy ETF by 3.1% in the 3rd quarter. Summit Financial Consulting LLC now owns 135,494 shares of the company’s stock worth $8,780,000 after purchasing an additional 4,059 shares during the last quarter. Finally, WealthCare Asset Management LLC bought a new position in iShares U.S. Energy ETF in the 1st quarter worth about $8,408,000. Institutional investors and hedge funds own 52.46% of the company’s stock.
iShares U.S. Energy ETF Stock Performance
Shares of NYSEARCA:IYE traded up $0.01 during trading hours on Friday, hitting $65.16. The stock had a trading volume of 719,687 shares, compared to its average volume of 1,357,591. The stock’s fifty day simple moving average is $68.58 and its 200 day simple moving average is $62.46. iShares U.S. Energy ETF has a 1-year low of $46.15 and a 1-year high of $73.91. The firm has a market capitalization of $1.73 billion, a price-to-earnings ratio of 15.53 and a beta of 0.45.
About iShares U.S. Energy ETF
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.
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