iShares U.S. Energy ETF (NYSEARCA:IYE) Shares Bought by TRUE Private Wealth Advisors

TRUE Private Wealth Advisors grew its stake in iShares U.S. Energy ETF (NYSEARCA:IYE) by 30.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,700 shares of the company’s stock after purchasing an additional 2,493 shares during the period. TRUE Private Wealth Advisors’ holdings in iShares U.S. Energy ETF were worth $514,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Waterloo Capital L.P. acquired a new stake in shares of iShares U.S. Energy ETF in the 4th quarter valued at approximately $3,113,000. Vermillion & White Wealth Management Group LLC acquired a new stake in iShares U.S. Energy ETF in the fourth quarter valued at $58,000. TSA Wealth Managment LLC purchased a new stake in shares of iShares U.S. Energy ETF during the 4th quarter worth $369,000. Journey Strategic Wealth LLC acquired a new position in shares of iShares U.S. Energy ETF during the 4th quarter worth $330,000. Finally, PNC Financial Services Group Inc. increased its holdings in shares of iShares U.S. Energy ETF by 9.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,453 shares of the company’s stock valued at $329,000 after purchasing an additional 650 shares in the last quarter.

iShares U.S. Energy ETF Price Performance

IYE traded up $0.31 during trading on Wednesday, reaching $47.18. 118,879 shares of the stock were exchanged, compared to its average volume of 467,302. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of 8.60 and a beta of 0.54. iShares U.S. Energy ETF has a 1 year low of $41.46 and a 1 year high of $51.70. The business’s 50 day moving average price is $47.55 and its two-hundred day moving average price is $47.58.

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.