27,991 Shares in iShares U.S. Energy ETF $IYE Purchased by True Freedom Investing LLC

True Freedom Investing LLC acquired a new stake in iShares U.S. Energy ETF (NYSEARCA:IYE) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 27,991 shares of the company’s stock, valued at approximately $1,814,000. True Freedom Investing LLC owned about 0.11% of iShares U.S. Energy ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Trilogy Capital Inc. increased its holdings in iShares U.S. Energy ETF by 4.2% during the second quarter. Trilogy Capital Inc. now owns 4,386 shares of the company’s stock worth $248,000 after buying an additional 177 shares during the last quarter. Lakeshore Capital Group Inc. grew its position in shares of iShares U.S. Energy ETF by 3.1% in the 3rd quarter. Lakeshore Capital Group Inc. now owns 7,061 shares of the company’s stock valued at $458,000 after acquiring an additional 211 shares during the period. Northwest Wealth Advisors LLC grew its position in shares of iShares U.S. Energy ETF by 2.8% in the 1st quarter. Northwest Wealth Advisors LLC now owns 11,996 shares of the company’s stock valued at $777,000 after acquiring an additional 329 shares during the period. Adirondack Capital Advisors LLC increased its stake in shares of iShares U.S. Energy ETF by 6.3% during the 2nd quarter. Adirondack Capital Advisors LLC now owns 6,060 shares of the company’s stock worth $343,000 after purchasing an additional 360 shares during the last quarter. Finally, RMG Wealth Management LLC acquired a new position in shares of iShares U.S. Energy ETF during the 1st quarter worth about $25,000. 52.46% of the stock is owned by institutional investors.

iShares U.S. Energy ETF Stock Performance

Shares of IYE stock opened at $73.81 on Monday. iShares U.S. Energy ETF has a 52-week low of $45.95 and a 52-week high of $73.91. The stock has a market cap of $1.84 billion, a price-to-earnings ratio of 15.53 and a beta of 0.51. The firm’s 50-day moving average is $68.44 and its 200-day moving average is $62.02.

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