CoreCap Advisors LLC Has $5.90 Million Position in iShares U.S. Energy ETF $IYE

CoreCap Advisors LLC raised its position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 4,086.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 104,254 shares of the company’s stock after buying an additional 101,764 shares during the period. CoreCap Advisors LLC’s holdings in iShares U.S. Energy ETF were worth $5,900,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. RMG Wealth Management LLC bought a new stake in shares of iShares U.S. Energy ETF during the first quarter worth $25,000. Greykasell Wealth Strategies Inc. bought a new stake in shares of iShares U.S. Energy ETF during the fourth quarter worth $33,000. GKV Capital Management Co. Inc. acquired a new position in shares of iShares U.S. Energy ETF during the first quarter valued at $49,000. NBT Bank N A NY boosted its holdings in iShares U.S. Energy ETF by 1,647.9% in the first quarter. NBT Bank N A NY now owns 839 shares of the company’s stock valued at $54,000 after acquiring an additional 791 shares during the last quarter. Finally, Headlands Technologies LLC bought a new stake in iShares U.S. Energy ETF during the 2nd quarter worth about $49,000. 52.46% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Energy ETF Trading Down 2.2%

Shares of NYSEARCA IYE opened at $60.91 on Thursday. iShares U.S. Energy ETF has a 1 year low of $44.78 and a 1 year high of $67.07. The firm’s 50-day moving average is $59.93 and its 200-day moving average is $59.60. The firm has a market capitalization of $1.70 billion, a PE ratio of 15.53 and a beta of 0.44.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.