Blue Trust Inc. Boosts Stock Holdings in iShares U.S. Energy ETF $IYE

Blue Trust Inc. lifted its stake in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 1.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,964 shares of the company’s stock after acquiring an additional 259 shares during the quarter. Blue Trust Inc. owned 0.05% of iShares U.S. Energy ETF worth $631,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Foundation Wealth Management LLC increased its position in shares of iShares U.S. Energy ETF by 1.0% during the first quarter. Foundation Wealth Management LLC now owns 24,654 shares of the company’s stock worth $1,215,000 after acquiring an additional 241 shares during the period. Biondo Investment Advisors LLC increased its position in shares of iShares U.S. Energy ETF by 0.7% during the first quarter. Biondo Investment Advisors LLC now owns 37,828 shares of the company’s stock worth $1,865,000 after acquiring an additional 258 shares during the period. Valmark Advisers Inc. increased its position in shares of iShares U.S. Energy ETF by 7.3% during the second quarter. Valmark Advisers Inc. now owns 5,041 shares of the company’s stock worth $228,000 after acquiring an additional 341 shares during the period. Apollon Wealth Management LLC increased its holdings in iShares U.S. Energy ETF by 5.6% in 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 last quarter. Finally, Cassaday & Co Wealth Management LLC increased its holdings in iShares U.S. Energy ETF by 7.0% in the first quarter. Cassaday & Co Wealth Management LLC now owns 6,298 shares of the company’s stock valued at $310,000 after buying an additional 410 shares during the last quarter. Hedge funds and other institutional investors own 52.46% of the company’s stock.

iShares U.S. Energy ETF Price Performance

NYSEARCA:IYE opened at $45.39 on Monday. The firm has a market capitalization of $1.10 billion, a PE ratio of 15.53 and a beta of 1.37. The business’s fifty day moving average price is $46.79 and its 200 day moving average price is $45.49. iShares U.S. Energy ETF has a 12 month low of $39.35 and a 12 month 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.