Fifth Third Bancorp Buys 303 Shares of iShares U.S. Energy ETF (NYSEARCA:IYE)

Fifth Third Bancorp lifted its stake in iShares U.S. Energy ETF (NYSEARCA:IYE) by 97.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 613 shares of the company’s stock after buying an additional 303 shares during the period. Fifth Third Bancorp’s holdings in iShares U.S. Energy ETF were worth $29,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of IYE. Beacon Capital Management LLC lifted its holdings in iShares U.S. Energy ETF by 1,848.4% during the 1st quarter. Beacon Capital Management LLC now owns 604 shares of the company’s stock valued at $30,000 after purchasing an additional 573 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in iShares U.S. Energy ETF by 187.4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 914 shares of the company’s stock valued at $40,000 after purchasing an additional 596 shares during the last quarter. Atlantic Edge Private Wealth Management LLC bought a new position in iShares U.S. Energy ETF during the 4th quarter valued at about $50,000. Vermillion & White Wealth Management Group LLC bought a new position in iShares U.S. Energy ETF during the 4th quarter valued at about $58,000. Finally, Principal Securities Inc. bought a new position in iShares U.S. Energy ETF during the 4th quarter valued at about $78,000.

iShares U.S. Energy ETF Trading Down 0.9 %

Shares of NYSEARCA IYE opened at $47.69 on Wednesday. iShares U.S. Energy ETF has a 1-year low of $41.46 and a 1-year high of $51.70. The company has a market cap of $1.31 billion, a PE ratio of 8.60 and a beta of 0.54. The company has a 50-day moving average of $47.63 and a two-hundred day moving average of $47.84.

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.