Thrivent Financial for Lutherans Purchases 68,819 Shares of iShares U.S. Energy ETF $IYE

Thrivent Financial for Lutherans lifted its position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 126.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 123,388 shares of the company’s stock after buying an additional 68,819 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares U.S. Energy ETF were worth $5,580,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Twin Peaks Wealth Advisors LLC acquired a new stake in iShares U.S. Energy ETF during the 2nd quarter worth approximately $45,000. Headlands Technologies LLC bought a new position in shares of iShares U.S. Energy ETF during the second quarter valued at $49,000. Geneos Wealth Management Inc. lifted its holdings in shares of iShares U.S. Energy ETF by 173.9% during the second quarter. Geneos Wealth Management Inc. now owns 1,575 shares of the company’s stock worth $71,000 after purchasing an additional 1,000 shares during the period. AlphaCore Capital LLC grew its stake in shares of iShares U.S. Energy ETF by 1,303.5% in the second quarter. AlphaCore Capital LLC now owns 3,635 shares of the company’s stock worth $164,000 after purchasing an additional 3,376 shares during the last quarter. Finally, EP Wealth Advisors LLC grew its stake in shares of iShares U.S. Energy ETF by 20.2% in the second quarter. EP Wealth Advisors LLC now owns 4,045 shares of the company’s stock worth $183,000 after purchasing an additional 680 shares during the last quarter. Institutional investors and hedge funds own 52.46% of the company’s stock.

iShares U.S. Energy ETF Stock Up 0.1%

Shares of NYSEARCA:IYE opened at $46.55 on Friday. The firm has a market cap of $1.11 billion, a P/E ratio of 15.53 and a beta of 0.78. iShares U.S. Energy ETF has a 12-month low of $39.35 and a 12-month high of $50.11. The business has a fifty day simple moving average of $47.36 and a 200 day simple moving average of $46.73.

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.