Harmony Asset Management LLC Makes New Investment in iShares U.S. Energy ETF $IYE

Harmony Asset Management LLC purchased a new stake in iShares U.S. Energy ETF (NYSEARCA:IYE) in the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 16,509 shares of the company’s stock, valued at approximately $1,069,000.

Other large investors have also recently modified their holdings of the company. Financial Partners Group Inc grew its stake in shares of iShares U.S. Energy ETF by 1.9% in the fourth quarter. Financial Partners Group Inc now owns 10,434 shares of the company’s stock worth $496,000 after purchasing an additional 193 shares during the last quarter. Arkadios Wealth Advisors raised its position in iShares U.S. Energy ETF by 1.6% during the 4th quarter. Arkadios Wealth Advisors now owns 13,022 shares of the company’s stock worth $619,000 after purchasing an additional 205 shares during the last quarter. Retirement Planning Group LLC raised its position in iShares U.S. Energy ETF by 2.0% during the 4th quarter. Retirement Planning Group LLC now owns 10,851 shares of the company’s stock worth $516,000 after purchasing an additional 212 shares during the last quarter. Waterloo Capital L.P. lifted its holdings in iShares U.S. Energy ETF by 0.7% during the 4th quarter. Waterloo Capital L.P. now owns 37,390 shares of the company’s stock worth $1,777,000 after buying an additional 266 shares during the period. Finally, Vivaldi Capital Management LP increased its stake in shares of iShares U.S. Energy ETF by 3.3% in the fourth quarter. Vivaldi Capital Management LP now owns 8,974 shares of the company’s stock valued at $427,000 after buying an additional 285 shares during the period. Institutional investors own 52.46% of the company’s stock.

iShares U.S. Energy ETF Price Performance

Shares of IYE opened at $60.02 on Thursday. The business has a 50-day moving average of $59.86 and a 200-day moving average of $58.18. The company has a market capitalization of $1.66 billion, a price-to-earnings ratio of 15.53 and a beta of 0.44. iShares U.S. Energy ETF has a 1 year low of $44.78 and a 1 year high of $67.07.

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.