iShares U.S. Energy ETF $IYE Shares Sold by AMG National Trust Bank

AMG National Trust Bank decreased its holdings in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 8.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 109,287 shares of the company’s stock after selling 9,862 shares during the period. AMG National Trust Bank owned approximately 0.43% of iShares U.S. Energy ETF worth $4,942,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Atria Investments Inc grew its position in iShares U.S. Energy ETF by 10.3% during the second quarter. Atria Investments Inc now owns 12,500 shares of the company’s stock worth $565,000 after buying an additional 1,172 shares during the period. Arkadios Wealth Advisors grew its position in iShares U.S. Energy ETF by 8.6% during the second quarter. Arkadios Wealth Advisors now owns 12,658 shares of the company’s stock worth $572,000 after buying an additional 1,004 shares during the period. Liberty Wealth Management LLC acquired a new position in iShares U.S. Energy ETF during the second quarter worth about $589,000. Banco Santander S.A. acquired a new position in iShares U.S. Energy ETF during the second quarter worth about $8,796,000. Finally, Forte Asset Management LLC acquired a new position in iShares U.S. Energy ETF during the second quarter worth about $2,826,000. Institutional investors and hedge funds own 52.46% of the company’s stock.

iShares U.S. Energy ETF Trading Down 0.6%

Shares of IYE opened at $46.47 on Friday. The firm’s 50-day moving average is $47.06 and its two-hundred day moving average is $45.68. iShares U.S. Energy ETF has a twelve month low of $39.35 and a twelve month high of $51.61. The firm has a market capitalization of $1.11 billion, a P/E ratio of 15.53 and a beta of 0.78.

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.