Blue Trust Inc. Boosts Stock Position in iShares U.S. Energy ETF $IYE

Blue Trust Inc. boosted its holdings in iShares U.S. Energy ETF (NYSEARCA:IYE) by 1.9% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 13,964 shares of the company’s stock after purchasing an additional 259 shares during the quarter. Blue Trust Inc.’s holdings in iShares U.S. Energy ETF were worth $631,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Wayfinding Financial LLC acquired a new position in iShares U.S. Energy ETF in the first quarter valued at $26,000. Iron Horse Wealth Management LLC acquired a new position in iShares U.S. Energy ETF in the first quarter valued at $26,000. CX Institutional acquired a new position in iShares U.S. Energy ETF in the first quarter valued at $27,000. Cornerstone Planning Group LLC boosted its stake in iShares U.S. Energy ETF by 632.6% in the first quarter. Cornerstone Planning Group LLC now owns 945 shares of the company’s stock valued at $47,000 after acquiring an additional 816 shares in the last quarter. Finally, N.E.W. Advisory Services LLC acquired a new position in iShares U.S. Energy ETF in the first quarter valued at $57,000. Institutional investors and hedge funds own 52.46% of the company’s stock.

iShares U.S. Energy ETF Price Performance

NYSEARCA IYE opened at $45.39 on Monday. iShares U.S. Energy ETF has a 1 year low of $39.35 and a 1 year high of $51.61. The company has a market capitalization of $1.10 billion, a PE ratio of 15.53 and a beta of 1.37. The company has a fifty day moving average of $46.79 and a two-hundred day moving average of $45.49.

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.