Lee Johnson Capital Management LLC Purchases Shares of 17,432 iShares U.S. Energy ETF $IYE

Lee Johnson Capital Management LLC acquired a new position in iShares U.S. Energy ETF (NYSEARCA:IYE) in the first quarter, Holdings Channel.com reports. The institutional investor acquired 17,432 shares of the company’s stock, valued at approximately $1,129,000.

Other institutional investors also recently modified their holdings of the company. Southern Capital Advisors LLC bought a new stake in shares of iShares U.S. Energy ETF during the first quarter valued at approximately $2,207,000. Sprinkle Financial Consultants LLC bought a new position in iShares U.S. Energy ETF in the first quarter worth $227,000. Montecito Bank & Trust acquired a new stake in iShares U.S. Energy ETF during the first quarter worth $241,000. Clearwave Capital LLC acquired a new stake in iShares U.S. Energy ETF during the fourth quarter worth $329,000. Finally, Corient Private Wealth LLC boosted its stake in iShares U.S. Energy ETF by 24.1% during the fourth quarter. Corient Private Wealth LLC now owns 68,308 shares of the company’s stock worth $3,247,000 after buying an additional 13,253 shares in the last quarter. Institutional investors and hedge funds own 52.46% of the company’s stock.

iShares U.S. Energy ETF Stock Performance

Shares of IYE stock opened at $56.77 on Monday. iShares U.S. Energy ETF has a 52-week low of $44.78 and a 52-week high of $67.07. The stock has a market cap of $1.62 billion, a price-to-earnings ratio of 15.53 and a beta of 0.44. The firm has a fifty day moving average of $60.78 and a 200-day moving average of $56.91.

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.