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

CoreCap Advisors LLC lifted its holdings in 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 & Exchange Commission. The firm owned 104,254 shares of the company’s stock after buying an additional 101,764 shares during the period. CoreCap Advisors LLC owned about 0.38% of iShares U.S. Energy ETF worth $5,900,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of IYE. Trilogy Capital Inc. boosted its position in iShares U.S. Energy ETF by 4.2% during the 2nd quarter. Trilogy Capital Inc. now owns 4,386 shares of the company’s stock worth $248,000 after acquiring an additional 177 shares during the period. NewEdge Advisors LLC boosted its holdings in shares of iShares U.S. Energy ETF by 82.0% during the first quarter. NewEdge Advisors LLC now owns 72,428 shares of the company’s stock worth $4,691,000 after purchasing an additional 32,626 shares during the period. Summit Financial Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Energy ETF during the first quarter worth approximately $250,000. GKV Capital Management Co. Inc. acquired a new position in iShares U.S. Energy ETF in the 1st quarter valued at approximately $49,000. Finally, Western Wealth Management LLC purchased a new stake in iShares U.S. Energy ETF in the 1st quarter worth approximately $103,000. 52.46% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Energy ETF Stock Down 2.2%

Shares of NYSEARCA:IYE opened at $60.91 on Thursday. iShares U.S. Energy ETF has a 12-month low of $44.78 and a 12-month high of $67.07. The firm has a fifty day moving average of $59.93 and a two-hundred day moving average of $59.60. The firm has a market capitalization of $1.70 billion, a P/E ratio of 15.53 and a beta of 0.44.

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