Transcend Capital Advisors LLC Reduces Position in iShares U.S. Energy ETF (NYSEARCA:IYE)

Transcend Capital Advisors LLC lessened its stake in shares of iShares U.S. Energy ETF (NYSEARCA:IYEGet Rating) by 39.3% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,400 shares of the company’s stock after selling 6,730 shares during the quarter. Transcend Capital Advisors LLC’s holdings in iShares U.S. Energy ETF were worth $396,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IYE. Northern Trust Corp raised its holdings in shares of iShares U.S. Energy ETF by 7.5% during the fourth quarter. Northern Trust Corp now owns 22,863 shares of the company’s stock valued at $688,000 after acquiring an additional 1,596 shares in the last quarter. Citigroup Inc. raised its holdings in iShares U.S. Energy ETF by 40.1% in the fourth quarter. Citigroup Inc. now owns 29,803 shares of the company’s stock worth $897,000 after purchasing an additional 8,534 shares in the last quarter. Bank of Montreal Can raised its holdings in iShares U.S. Energy ETF by 522.5% in the fourth quarter. Bank of Montreal Can now owns 126,022 shares of the company’s stock worth $3,788,000 after purchasing an additional 105,779 shares in the last quarter. Allianz Asset Management GmbH bought a new position in iShares U.S. Energy ETF in the fourth quarter worth $1,942,000. Finally, Rockefeller Capital Management L.P. raised its holdings in iShares U.S. Energy ETF by 247.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 63,457 shares of the company’s stock worth $1,910,000 after purchasing an additional 45,197 shares in the last quarter.

iShares U.S. Energy ETF Trading Down 1.5 %

IYE opened at $42.08 on Thursday. The stock has a fifty day simple moving average of $41.95 and a two-hundred day simple moving average of $41.69. iShares U.S. Energy ETF has a 12-month low of $26.46 and a 12-month high of $49.31.

About iShares U.S. Energy ETF

(Get Rating)

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.

Featured Articles

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

Receive News & Ratings for iShares U.S. Energy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Energy ETF and related companies with MarketBeat.com's FREE daily email newsletter.