Integrity Alliance LLC. purchased a new stake in shares of iShares U.S. Energy ETF (NYSEARCA:IYE – Free Report) during the third quarter, Holdings Channel.com reports. The institutional investor purchased 9,189 shares of the company’s stock, valued at approximately $595,000.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Bank of America Corp DE lifted its holdings in iShares U.S. Energy ETF by 56.6% in the first quarter. Bank of America Corp DE now owns 1,526,984 shares of the company’s stock worth $98,903,000 after purchasing an additional 551,736 shares during the period. Three Seasons Wealth LLC grew its position in iShares U.S. Energy ETF by 422.2% in the 2nd quarter. Three Seasons Wealth LLC now owns 337,812 shares of the company’s stock valued at $19,117,000 after buying an additional 273,118 shares in the last quarter. WealthCare Asset Management LLC bought a new position in iShares U.S. Energy ETF in the 1st quarter valued at about $8,408,000. CoreCap Advisors LLC increased its stake in iShares U.S. Energy ETF by 4,086.9% during the 2nd quarter. CoreCap Advisors LLC now owns 104,254 shares of the company’s stock valued at $5,900,000 after buying an additional 101,764 shares during the period. Finally, Renaissance Technologies LLC acquired a new position in iShares U.S. Energy ETF during the 1st quarter valued at about $4,774,000. 52.46% of the stock is currently owned by institutional investors.
iShares U.S. Energy ETF Stock Performance
Shares of IYE stock traded up $0.01 during midday trading on Friday, reaching $65.16. 719,687 shares of the company were exchanged, compared to its average volume of 1,357,591. iShares U.S. Energy ETF has a 12 month low of $46.15 and a 12 month high of $73.91. The company has a market cap of $1.73 billion, a P/E ratio of 15.53 and a beta of 0.45. The company’s 50 day moving average price is $68.58 and its two-hundred day moving average price is $62.46.
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.
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