iShares U.S. Energy ETF (NYSEARCA:IYE) Shares Acquired by TRUE Private Wealth Advisors

TRUE Private Wealth Advisors lifted its position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 28.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 24,864 shares of the company’s stock after purchasing an additional 5,494 shares during the period. TRUE Private Wealth Advisors’ holdings in iShares U.S. Energy ETF were worth $723,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IYE. BlackRock Inc. purchased a new position in shares of iShares U.S. Energy ETF during the first quarter worth about $142,021,000. Envestnet Asset Management Inc. grew its holdings in shares of iShares U.S. Energy ETF by 20.9% during the second quarter. Envestnet Asset Management Inc. now owns 23,631,377 shares of the company’s stock worth $687,273,000 after buying an additional 4,091,030 shares during the last quarter. Morgan Stanley grew its holdings in shares of iShares U.S. Energy ETF by 154.6% during the first quarter. Morgan Stanley now owns 4,825,685 shares of the company’s stock worth $126,578,000 after buying an additional 2,929,924 shares during the last quarter. MML Investors Services LLC grew its holdings in shares of iShares U.S. Energy ETF by 1,245.2% during the first quarter. MML Investors Services LLC now owns 942,747 shares of the company’s stock worth $24,728,000 after buying an additional 872,664 shares during the last quarter. Finally, Brookstone Capital Management purchased a new position in shares of iShares U.S. Energy ETF during the second quarter worth about $14,774,000.

IYE traded up $0.57 during trading on Wednesday, reaching $26.89. The company’s stock had a trading volume of 68,186 shares, compared to its average volume of 2,647,705. iShares U.S. Energy ETF has a 52-week low of $14.52 and a 52-week high of $30.19. The company’s fifty day moving average price is $26.58 and its 200-day moving average price is $27.30.

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.

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Institutional Ownership by Quarter for iShares U.S. Energy ETF (NYSEARCA:IYE)

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