WealthCare Asset Management LLC Invests $8.41 Million in iShares U.S. Energy ETF $IYE

WealthCare Asset Management LLC bought a new position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 129,812 shares of the company’s stock, valued at approximately $8,408,000. iShares U.S. Energy ETF accounts for about 8.9% of WealthCare Asset Management LLC’s holdings, making the stock its 5th largest holding. WealthCare Asset Management LLC owned 0.45% of iShares U.S. Energy ETF as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of IYE. Financial Partners Group Inc raised its holdings in iShares U.S. Energy ETF by 1.9% in the 4th quarter. Financial Partners Group Inc now owns 10,434 shares of the company’s stock valued at $496,000 after acquiring an additional 193 shares during the period. Arkadios Wealth Advisors boosted its holdings in shares of iShares U.S. Energy ETF by 1.6% during the fourth quarter. Arkadios Wealth Advisors now owns 13,022 shares of the company’s stock worth $619,000 after acquiring an additional 205 shares during the period. Retirement Planning Group LLC boosted its holdings in shares of iShares U.S. Energy ETF by 2.0% during the fourth quarter. Retirement Planning Group LLC now owns 10,851 shares of the company’s stock worth $516,000 after acquiring an additional 212 shares during the period. Waterloo Capital L.P. grew its position in shares of iShares U.S. Energy ETF by 0.7% in the fourth quarter. Waterloo Capital L.P. now owns 37,390 shares of the company’s stock valued at $1,777,000 after purchasing an additional 266 shares during the last quarter. Finally, Vivaldi Capital Management LP grew its position in shares of iShares U.S. Energy ETF by 3.3% in the fourth quarter. Vivaldi Capital Management LP now owns 8,974 shares of the company’s stock valued at $427,000 after purchasing an additional 285 shares during the last quarter. 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 $0.28 during trading hours on Friday, reaching $58.60. 661,827 shares of the stock were exchanged, compared to its average volume of 1,664,456. The firm has a market capitalization of $1.61 billion, a price-to-earnings ratio of 15.53 and a beta of 0.44. iShares U.S. Energy ETF has a 52 week low of $44.78 and a 52 week high of $67.07. The stock’s fifty day simple moving average is $59.98 and its 200 day simple moving average is $57.83.

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.