Founders Financial Securities LLC Buys 1,753 Shares of iShares U.S. Energy ETF (NYSEARCA:IYE)

Founders Financial Securities LLC increased its stake in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 12.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,764 shares of the company’s stock after purchasing an additional 1,753 shares during the quarter. Founders Financial Securities LLC owned approximately 0.06% of iShares U.S. Energy ETF worth $779,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. boosted its stake in iShares U.S. Energy ETF by 7.1% in the first quarter. Sunbelt Securities Inc. now owns 33,424 shares of the company’s stock valued at $1,651,000 after acquiring an additional 2,203 shares in the last quarter. Wealth Management Partners LLC grew its stake in iShares U.S. Energy ETF by 1.9% during the 1st quarter. Wealth Management Partners LLC now owns 16,217 shares of the company’s stock worth $801,000 after buying an additional 309 shares during the last quarter. Security Financial Services INC. acquired a new position in iShares U.S. Energy ETF during the 1st quarter valued at about $230,000. ONE Advisory Partners LLC purchased a new stake in iShares U.S. Energy ETF in the first quarter valued at about $273,000. Finally, Heartwood Wealth Advisors LLC boosted its holdings in iShares U.S. Energy ETF by 11.4% in the first quarter. Heartwood Wealth Advisors LLC now owns 24,437 shares of the company’s stock worth $1,207,000 after acquiring an additional 2,498 shares in the last quarter.

iShares U.S. Energy ETF Trading Up 0.2 %

Shares of IYE stock traded up $0.09 during trading hours on Friday, reaching $48.00. 209,210 shares of the company’s stock were exchanged, compared to its average volume of 521,687. iShares U.S. Energy ETF has a 1 year low of $41.43 and a 1 year high of $51.70. The stock has a market cap of $1.32 billion, a PE ratio of 8.60 and a beta of 0.54. The stock’s fifty day moving average price is $48.35 and its two-hundred day moving average price is $46.68.

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.