iShares U.S. Energy ETF $IYE Stock Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC grew its stake in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 13.9% in the 3rd quarter, HoldingsChannel reports. The fund owned 72,287 shares of the company’s stock after purchasing an additional 8,839 shares during the quarter. Kestra Advisory Services LLC’s holdings in iShares U.S. Energy ETF were worth $4,684,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in IYE. Bank of America Corp DE grew its position in shares of iShares U.S. Energy ETF by 56.6% in the first quarter. Bank of America Corp DE now owns 1,526,984 shares of the company’s stock valued at $98,903,000 after purchasing an additional 551,736 shares during the last quarter. Royal Bank of Canada increased its stake in shares of iShares U.S. Energy ETF by 8.5% during the first quarter. Royal Bank of Canada now owns 387,503 shares of the company’s stock worth $25,100,000 after purchasing an additional 30,333 shares during the period. Three Seasons Wealth LLC increased its stake in shares of iShares U.S. Energy ETF by 422.2% during the second quarter. Three Seasons Wealth LLC now owns 337,812 shares of the company’s stock worth $19,117,000 after purchasing an additional 273,118 shares during the period. Summit Financial Consulting LLC lifted its holdings in iShares U.S. Energy ETF by 3.1% during the 3rd quarter. Summit Financial Consulting LLC now owns 135,494 shares of the company’s stock worth $8,780,000 after purchasing an additional 4,059 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in iShares U.S. Energy ETF by 16.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 123,263 shares of the company’s stock worth $6,975,000 after purchasing an additional 17,095 shares during the last quarter. Institutional investors own 52.46% of the company’s stock.

iShares U.S. Energy ETF Trading Up 1.4%

NYSEARCA:IYE opened at $67.90 on Friday. The stock has a 50 day simple moving average of $68.48 and a 200 day simple moving average of $62.75. The stock has a market cap of $1.83 billion, a P/E ratio of 13.54 and a beta of 0.45. iShares U.S. Energy ETF has a 1-year low of $46.15 and a 1-year high of $73.91.

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