61,276 Shares in iShares U.S. Energy ETF $IYE Purchased by Gerald Baker Financial Group LLC

Gerald Baker Financial Group LLC acquired a new stake in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 61,276 shares of the company’s stock, valued at approximately $3,969,000. iShares U.S. Energy ETF accounts for 1.3% of Gerald Baker Financial Group LLC’s investment portfolio, making the stock its 24th largest holding. Gerald Baker Financial Group LLC owned 0.21% of iShares U.S. Energy ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Greykasell Wealth Strategies Inc. purchased a new stake in iShares U.S. Energy ETF during the 4th quarter valued at $33,000. NBT Bank N A NY raised its stake in shares of iShares U.S. Energy ETF by 1,647.9% in the first quarter. NBT Bank N A NY now owns 839 shares of the company’s stock valued at $54,000 after acquiring an additional 791 shares during the period. Headlands Technologies LLC bought a new stake in shares of iShares U.S. Energy ETF in the 2nd quarter worth about $49,000. Triumph Capital Management bought a new stake in shares of iShares U.S. Energy ETF in the 3rd quarter worth about $58,000. Finally, Flagship Harbor Advisors LLC purchased a new position in shares of iShares U.S. Energy ETF during the 4th quarter worth about $60,000. Hedge funds and other institutional investors own 52.46% of the company’s stock.

iShares U.S. Energy ETF Trading Up 0.8%

Shares of NYSEARCA:IYE opened at $60.53 on Friday. The company has a market capitalization of $1.67 billion, a price-to-earnings ratio of 15.53 and a beta of 0.44. iShares U.S. Energy ETF has a 12 month low of $44.78 and a 12 month high of $67.07. The firm’s 50-day moving average is $59.88 and its 200 day moving average is $58.28.

About iShares U.S. Energy ETF

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.