Strategic Blueprint LLC Buys New Holdings in iShares U.S. Energy ETF $IYE

Strategic Blueprint LLC purchased a new position in iShares U.S. Energy ETF (NYSEARCA:IYE) during the third quarter, Holdings Channel reports. The fund purchased 12,369 shares of the company’s stock, valued at approximately $588,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Twin Peaks Wealth Advisors LLC purchased a new position in shares of iShares U.S. Energy ETF in the second quarter worth $45,000. Headlands Technologies LLC bought a new stake in iShares U.S. Energy ETF in the 2nd quarter worth $49,000. Geneos Wealth Management Inc. grew its holdings in iShares U.S. Energy ETF by 173.9% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,575 shares of the company’s stock worth $71,000 after acquiring an additional 1,000 shares during the last quarter. AlphaCore Capital LLC increased its position in shares of iShares U.S. Energy ETF by 1,303.5% in the second quarter. AlphaCore Capital LLC now owns 3,635 shares of the company’s stock valued at $164,000 after acquiring an additional 3,376 shares during the period. Finally, EP Wealth Advisors LLC raised its stake in shares of iShares U.S. Energy ETF by 20.2% during the second quarter. EP Wealth Advisors LLC now owns 4,045 shares of the company’s stock valued at $183,000 after acquiring an additional 680 shares during the last quarter. Institutional investors own 52.46% of the company’s stock.

iShares U.S. Energy ETF Trading Up 0.2%

iShares U.S. Energy ETF stock opened at $49.39 on Friday. The firm has a market cap of $1.16 billion, a P/E ratio of 15.53 and a beta of 0.78. iShares U.S. Energy ETF has a 1-year low of $39.35 and a 1-year high of $50.22. The firm has a 50-day moving average of $47.84 and a 200-day moving average of $46.98.

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.