AMG National Trust Bank raised its position in iShares U.S. Energy ETF (NYSEARCA:IYE – Free Report) by 2.8% in the third quarter, HoldingsChannel reports. The fund owned 146,733 shares of the company’s stock after purchasing an additional 3,946 shares during the quarter. AMG National Trust Bank’s holdings in iShares U.S. Energy ETF were worth $6,800,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Beacon Capital Management LLC increased its stake in iShares U.S. Energy ETF by 1,848.4% during the 1st quarter. Beacon Capital Management LLC now owns 604 shares of the company’s stock valued at $30,000 after purchasing an additional 573 shares in the last quarter. Fifth Third Bancorp raised its holdings in shares of iShares U.S. Energy ETF by 97.7% in the 2nd quarter. Fifth Third Bancorp now owns 613 shares of the company’s stock worth $29,000 after acquiring an additional 303 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in iShares U.S. Energy ETF by 198.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 671 shares of the company’s stock valued at $33,000 after acquiring an additional 446 shares in the last quarter. Financial Management Professionals Inc. boosted its stake in iShares U.S. Energy ETF by 345.4% during the 3rd quarter. Financial Management Professionals Inc. now owns 824 shares of the company’s stock valued at $38,000 after purchasing an additional 639 shares during the last quarter. Finally, HHM Wealth Advisors LLC bought a new stake in iShares U.S. Energy ETF during the 2nd quarter worth approximately $41,000.
iShares U.S. Energy ETF Stock Down 0.4 %
IYE stock opened at $49.76 on Monday. The firm has a market capitalization of $1.37 billion, a PE ratio of 8.60 and a beta of 0.54. iShares U.S. Energy ETF has a twelve month low of $41.46 and a twelve month high of $51.70. The stock’s 50 day moving average is $47.35 and its 200-day moving average is $47.63.
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.
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