Atria Investments Inc Buys 1,172 Shares of iShares U.S. Energy ETF $IYE

Atria Investments Inc raised its stake in iShares U.S. Energy ETF (NYSEARCA:IYE) by 10.3% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 12,500 shares of the company’s stock after buying an additional 1,172 shares during the period. Atria Investments Inc’s holdings in iShares U.S. Energy ETF were worth $565,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Concurrent Investment Advisors LLC bought a new stake in iShares U.S. Energy ETF during the 1st quarter valued at $218,000. Envestnet Asset Management Inc. raised its holdings in shares of iShares U.S. Energy ETF by 2.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 54,753 shares of the company’s stock valued at $2,699,000 after purchasing an additional 1,344 shares in the last quarter. Iron Horse Wealth Management LLC purchased a new stake in shares of iShares U.S. Energy ETF in the 1st quarter worth approximately $26,000. Sigma Planning Corp boosted its stake in shares of iShares U.S. Energy ETF by 26.1% during the first quarter. Sigma Planning Corp now owns 7,499 shares of the company’s stock valued at $370,000 after purchasing an additional 1,551 shares in the last quarter. Finally, Apollon Wealth Management LLC increased its holdings in iShares U.S. Energy ETF by 5.6% during the first quarter. Apollon Wealth Management LLC now owns 7,408 shares of the company’s stock valued at $365,000 after buying an additional 395 shares during the period. Hedge funds and other institutional investors own 52.46% of the company’s stock.

iShares U.S. Energy ETF Stock Up 1.5%

Shares of NYSEARCA:IYE opened at $47.58 on Monday. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 15.53 and a beta of 0.78. The firm has a 50 day moving average of $47.00 and a 200 day moving average of $45.90. iShares U.S. Energy ETF has a 52 week low of $39.35 and a 52 week high of $51.61.

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.