Monroe Bank & Trust MI bought a new stake in iShares U.S. Energy ETF (NYSEARCA:IYE) in the 1st quarter, HoldingsChannel.com reports. The firm bought 5,743 shares of the company’s stock, valued at approximately $207,000.
Several other institutional investors and hedge funds have also recently modified their holdings of IYE. Bank of New York Mellon Corp grew its holdings in shares of iShares U.S. Energy ETF by 0.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 381,568 shares of the company’s stock worth $16,010,000 after purchasing an additional 1,822 shares in the last quarter. BlackRock Inc. boosted its holdings in shares of iShares U.S. Energy ETF by 2.5% in the 3rd quarter. BlackRock Inc. now owns 125,586 shares of the company’s stock valued at $5,270,000 after purchasing an additional 3,010 shares in the last quarter. FMR LLC acquired a new stake in shares of iShares U.S. Energy ETF in the 3rd quarter valued at $146,000. Peachtree Investment Advisors Inc. acquired a new stake in shares of iShares U.S. Energy ETF in the 4th quarter valued at $207,000. Finally, Stillwater Capital Advisors LLC acquired a new stake in shares of iShares U.S. Energy ETF in the 4th quarter valued at $740,000.
Shares of IYE opened at $34.79 on Monday. iShares U.S. Energy ETF has a 52 week low of $28.99 and a 52 week high of $43.75.
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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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