IHT Wealth Management LLC grew its stake in iShares U.S. Energy ETF (NYSEARCA:IYE – Get Rating) by 87.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,140 shares of the company’s stock after buying an additional 16,385 shares during the period. IHT Wealth Management LLC’s holdings in iShares U.S. Energy ETF were worth $1,381,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Clearstead Advisors LLC grew its stake in iShares U.S. Energy ETF by 1,452.0% in the 2nd quarter. Clearstead Advisors LLC now owns 776 shares of the company’s stock worth $30,000 after buying an additional 726 shares in the last quarter. Absolute Capital Management LLC purchased a new position in iShares U.S. Energy ETF in the 3rd quarter worth approximately $36,000. Nelson Van Denburg & Campbell Wealth Management Group LLC purchased a new stake in shares of iShares U.S. Energy ETF in the 1st quarter valued at $46,000. Heritage Wealth Management LLC purchased a new stake in shares of iShares U.S. Energy ETF in the 3rd quarter valued at $57,000. Finally, Burleson & Company LLC purchased a new stake in shares of iShares U.S. Energy ETF in the 3rd quarter valued at $61,000.
iShares U.S. Energy ETF Stock Performance
Shares of iShares U.S. Energy ETF stock opened at $41.37 on Friday. iShares U.S. Energy ETF has a 52-week low of $34.94 and a 52-week high of $50.75. The stock has a market capitalization of $1.62 billion, a price-to-earnings ratio of 17.07 and a beta of 1.40. The company has a fifty day moving average of $45.97 and a 200-day moving average of $45.70.
About iShares U.S. Energy ETF
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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