Kestra Advisory Services LLC Acquires 8,839 Shares of iShares U.S. Energy ETF $IYE

Kestra Advisory Services LLC raised its holdings in iShares U.S. Energy ETF (NYSEARCA:IYE) by 13.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 72,287 shares of the company’s stock after buying an additional 8,839 shares during the period. Kestra Advisory Services LLC owned about 0.29% of iShares U.S. Energy ETF worth $4,684,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in IYE. Bank of America Corp DE boosted its stake in shares of iShares U.S. Energy ETF by 56.6% during the 1st quarter. Bank of America Corp DE now owns 1,526,984 shares of the company’s stock worth $98,903,000 after acquiring an additional 551,736 shares during the period. Royal Bank of Canada raised its stake in iShares U.S. Energy ETF by 8.5% in the 1st quarter. Royal Bank of Canada now owns 387,503 shares of the company’s stock valued at $25,100,000 after acquiring an additional 30,333 shares during the period. Three Seasons Wealth LLC raised its stake in iShares U.S. Energy ETF by 422.2% in the 2nd quarter. Three Seasons Wealth LLC now owns 337,812 shares of the company’s stock valued at $19,117,000 after acquiring 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 valued at $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 valued at $6,975,000 after purchasing an additional 17,095 shares during the last quarter. 52.46% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Energy ETF Price Performance

IYE stock opened at $67.90 on Friday. The company has a fifty day moving average price of $68.48 and a two-hundred day moving average price of $62.75. iShares U.S. Energy ETF has a one year low of $46.15 and a one year high of $73.91. The stock has a market cap of $1.83 billion, a price-to-earnings ratio of 13.54 and a beta of 0.45.

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.