Janney Montgomery Scott LLC Buys 5,981 Shares of iShares U.S. Energy ETF $IYE

Janney Montgomery Scott LLC raised its holdings in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 12.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,781 shares of the company’s stock after purchasing an additional 5,981 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares U.S. Energy ETF were worth $2,432,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of IYE. Wayfinding Financial LLC purchased a new position in iShares U.S. Energy ETF during the first quarter valued at $26,000. Iron Horse Wealth Management LLC purchased a new stake in iShares U.S. Energy ETF in the first quarter worth about $26,000. CX Institutional purchased a new position in iShares U.S. Energy ETF during the first quarter valued at approximately $27,000. Cornerstone Planning Group LLC increased its stake in iShares U.S. Energy ETF by 632.6% in the 1st quarter. Cornerstone Planning Group LLC now owns 945 shares of the company’s stock worth $47,000 after buying an additional 816 shares in the last quarter. Finally, N.E.W. Advisory Services LLC purchased a new position in iShares U.S. Energy ETF in the 1st quarter worth approximately $57,000. 52.46% of the stock is owned by institutional investors.

iShares U.S. Energy ETF Stock Down 1.4%

IYE opened at $46.76 on Friday. The firm has a 50-day simple moving average of $46.79 and a two-hundred day simple moving average of $45.57. iShares U.S. Energy ETF has a 52 week low of $39.35 and a 52 week high of $51.61. The company has a market capitalization of $1.14 billion, a PE ratio of 15.53 and a beta of 1.37.

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.