Pinkerton Wealth LLC acquired a new stake in iShares U.S. Energy ETF (NYSEARCA:IYE – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 22,098 shares of the company’s stock, valued at approximately $1,432,000. Pinkerton Wealth LLC owned 0.09% of iShares U.S. Energy ETF at the end of the most recent reporting period.
Several other hedge funds have also added to or reduced their stakes in IYE. Bank of America Corp DE grew its holdings in iShares U.S. Energy ETF by 56.6% during the 1st quarter. Bank of America Corp DE now owns 1,526,984 shares of the company’s stock worth $98,903,000 after acquiring an additional 551,736 shares during the last quarter. Royal Bank of Canada raised its stake in shares of iShares U.S. Energy ETF by 8.5% during the first quarter. Royal Bank of Canada now owns 387,503 shares of the company’s stock valued at $25,100,000 after acquiring an additional 30,333 shares during the last quarter. Three Seasons Wealth LLC lifted its holdings in shares of iShares U.S. Energy ETF by 422.2% during the second quarter. Three Seasons Wealth LLC now owns 337,812 shares of the company’s stock worth $19,117,000 after purchasing an additional 273,118 shares during the period. Summit Financial Consulting LLC lifted its holdings in shares of iShares U.S. Energy ETF by 3.1% during the third quarter. Summit Financial Consulting LLC now owns 135,494 shares of the company’s stock worth $8,780,000 after purchasing an additional 4,059 shares during the period. Finally, WealthCare Asset Management LLC acquired a new position in shares of iShares U.S. Energy ETF during the first quarter worth $8,408,000. 52.46% of the stock is currently owned by institutional investors and hedge funds.
iShares U.S. Energy ETF Price Performance
Shares of iShares U.S. Energy ETF stock opened at $73.81 on Monday. iShares U.S. Energy ETF has a twelve month low of $45.95 and a twelve month high of $73.91. The stock has a market cap of $1.84 billion, a price-to-earnings ratio of 15.53 and a beta of 0.51. The company’s fifty day moving average is $68.44 and its 200 day moving average is $62.02.
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.
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