Hilltop Holdings Inc. Has $3.31 Million Stake in iShares U.S. Energy ETF $IYE

Hilltop Holdings Inc. trimmed its position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 42.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,140 shares of the company’s stock after selling 37,234 shares during the period. Hilltop Holdings Inc.’s holdings in iShares U.S. Energy ETF were worth $3,312,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in IYE. RMG Wealth Management LLC bought a new position in shares of iShares U.S. Energy ETF in the first quarter worth about $25,000. Symphony Financial Services Inc. boosted its stake in iShares U.S. Energy ETF by 6.8% during the 1st quarter. Symphony Financial Services Inc. now owns 7,929 shares of the company’s stock valued at $514,000 after purchasing an additional 502 shares during the period. Parallel Advisors LLC boosted its stake in iShares U.S. Energy ETF by 55.2% during the 1st quarter. Parallel Advisors LLC now owns 1,648 shares of the company’s stock valued at $107,000 after purchasing an additional 586 shares during the period. Kesler Norman & Wride LLC acquired a new stake in iShares U.S. Energy ETF in the 1st quarter valued at approximately $629,000. Finally, Gerald Baker Financial Group LLC acquired a new stake in iShares U.S. Energy ETF in the 1st quarter valued at approximately $3,969,000. 52.46% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Energy ETF Stock Up 0.2%

Shares of NYSEARCA IYE opened at $63.35 on Friday. The business’s 50 day moving average is $60.04 and its two-hundred day moving average is $58.82. The company has a market cap of $1.75 billion, a P/E ratio of 15.53 and a beta of 0.44. iShares U.S. Energy ETF has a 12 month low of $44.78 and a 12 month high of $67.07.

iShares U.S. Energy ETF Company 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.