AlphaCore Capital LLC Raises Stock Position in iShares U.S. Energy ETF $IYE

AlphaCore Capital LLC grew its stake in iShares U.S. Energy ETF (NYSEARCA:IYE) by 1,303.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,635 shares of the company’s stock after purchasing an additional 3,376 shares during the quarter. AlphaCore Capital LLC’s holdings in iShares U.S. Energy ETF were worth $164,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. Journey Strategic Wealth LLC increased its position in shares of iShares U.S. Energy ETF by 43.7% during the second quarter. Journey Strategic Wealth LLC now owns 22,817 shares of the company’s stock valued at $1,032,000 after buying an additional 6,939 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of iShares U.S. Energy ETF by 19.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 242,090 shares of the company’s stock worth $10,947,000 after acquiring an additional 39,042 shares during the period. Creative Planning grew its holdings in shares of iShares U.S. Energy ETF by 2.3% during the 2nd quarter. Creative Planning now owns 27,981 shares of the company’s stock worth $1,265,000 after acquiring an additional 627 shares during the period. Prospera Financial Services Inc raised its position in shares of iShares U.S. Energy ETF by 2.8% in the 2nd quarter. Prospera Financial Services Inc now owns 59,987 shares of the company’s stock worth $2,713,000 after acquiring an additional 1,657 shares in the last quarter. Finally, Bank of Montreal Can lifted its stake in shares of iShares U.S. Energy ETF by 131.5% in the 2nd quarter. Bank of Montreal Can now owns 8,486 shares of the company’s stock valued at $384,000 after purchasing an additional 4,820 shares during the period. Institutional investors own 52.46% of the company’s stock.

iShares U.S. Energy ETF Stock Down 0.5%

NYSEARCA IYE opened at $47.14 on Wednesday. The firm has a market capitalization of $1.12 billion, a PE ratio of 15.53 and a beta of 0.78. The stock’s 50 day moving average is $47.16 and its 200 day moving average is $46.29. iShares U.S. Energy ETF has a twelve month low of $39.35 and a twelve month high of $50.66.

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.