Hubbell Strickland Wealth Management LLC Takes $208,000 Position in iShares U.S. Energy ETF (NYSEARCA:IYE)

Hubbell Strickland Wealth Management LLC bought a new stake in iShares U.S. Energy ETF (NYSEARCA:IYE) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 4,208 shares of the company’s stock, valued at approximately $208,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Stifel Financial Corp increased its position in shares of iShares U.S. Energy ETF by 0.4% during the 3rd quarter. Stifel Financial Corp now owns 89,256 shares of the company’s stock valued at $4,233,000 after purchasing an additional 349 shares during the period. Horizon Family Wealth Inc. bought a new stake in iShares U.S. Energy ETF in the third quarter worth about $413,000. Financial Gravity Asset Management Inc. lifted its holdings in iShares U.S. Energy ETF by 740.9% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 54,222 shares of the company’s stock valued at $2,572,000 after acquiring an additional 47,774 shares during the last quarter. Trust Co. of Vermont bought a new position in shares of iShares U.S. Energy ETF during the 3rd quarter valued at about $56,000. Finally, Modera Wealth Management LLC bought a new position in shares of iShares U.S. Energy ETF during the 3rd quarter valued at about $9,916,000.

iShares U.S. Energy ETF Trading Down 0.1 %

Shares of NYSEARCA IYE traded down $0.04 during midday trading on Monday, reaching $47.96. The company’s stock had a trading volume of 293,649 shares, compared to its average volume of 519,443. The company has a market cap of $1.32 billion, a price-to-earnings ratio of 8.60 and a beta of 0.54. iShares U.S. Energy ETF has a one year low of $41.43 and a one year high of $51.70. The company has a 50 day moving average price of $48.35 and a 200 day moving average price of $46.70.

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.