Signature Estate & Investment Advisors LLC Raises Stake in iShares U.S. Energy ETF $IYE

Signature Estate & Investment Advisors LLC boosted its position in iShares U.S. Energy ETF (NYSEARCA:IYE) by 16.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,449 shares of the company’s stock after buying an additional 1,937 shares during the quarter. Signature Estate & Investment Advisors LLC owned approximately 0.05% of iShares U.S. Energy ETF worth $608,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. Wayfinding Financial LLC bought a new position in shares of iShares U.S. Energy ETF in the first quarter worth approximately $26,000. Iron Horse Wealth Management LLC bought a new position in shares of iShares U.S. Energy ETF in the first quarter worth approximately $26,000. Cornerstone Planning Group LLC grew its holdings in shares of 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 worth $47,000 after purchasing an additional 816 shares during the last quarter. N.E.W. Advisory Services LLC bought a new position in shares of iShares U.S. Energy ETF in the first quarter worth approximately $57,000. Finally, WealthShield Partners LLC grew its holdings in shares of iShares U.S. Energy ETF by 171.6% in the first quarter. WealthShield Partners LLC now owns 1,567 shares of the company’s stock worth $77,000 after purchasing an additional 990 shares during the last quarter. Hedge funds and other institutional investors own 52.46% of the company’s stock.

iShares U.S. Energy ETF Stock Performance

Shares of iShares U.S. Energy ETF stock opened at $46.19 on Tuesday. iShares U.S. Energy ETF has a 52-week low of $39.35 and a 52-week high of $51.61. The stock has a market capitalization of $1.11 billion, a price-to-earnings ratio of 15.53 and a beta of 1.37. The company’s 50 day moving average price is $46.87 and its 200-day moving average price is $45.43.

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.