WealthCare Asset Management LLC Purchases New Shares in iShares U.S. Energy ETF $IYE

WealthCare Asset Management LLC purchased a new position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 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 portfolio, making the stock its 5th biggest holding.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Financial Partners Group Inc boosted 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 purchasing an additional 193 shares during the period. Arkadios Wealth Advisors increased 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 purchasing an additional 205 shares during the period. Retirement Planning Group LLC increased 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 purchasing an additional 212 shares during the period. Waterloo Capital L.P. increased its holdings in shares of iShares U.S. Energy ETF by 0.7% during the fourth quarter. Waterloo Capital L.P. now owns 37,390 shares of the company’s stock worth $1,777,000 after purchasing an additional 266 shares during the period. Finally, Vivaldi Capital Management LP raised 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 buying an additional 285 shares in 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 midday trading on Friday, reaching $58.60. The company’s stock had a trading volume of 661,827 shares, compared to its average volume of 1,664,456. The company has a market cap of $1.61 billion, a P/E ratio of 15.53 and a beta of 0.44. The business’s 50 day moving average price is $59.98 and its two-hundred day moving average price is $57.83. iShares U.S. Energy ETF has a fifty-two week low of $44.78 and a fifty-two week high of $67.07.

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.