Grove Bank & Trust Has $281,000 Stake in iShares U.S. Energy ETF (NYSEARCA:IYE)

Grove Bank & Trust decreased its stake in iShares U.S. Energy ETF (NYSEARCA:IYE) by 44.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,158 shares of the company’s stock after selling 5,000 shares during the period. Grove Bank & Trust’s holdings in iShares U.S. Energy ETF were worth $281,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of IYE. Ironwood Wealth Management LLC. increased its holdings in shares of iShares U.S. Energy ETF by 3.0% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 15,588 shares of the company’s stock worth $748,000 after purchasing an additional 459 shares during the period. Envestnet Asset Management Inc. increased its stake in iShares U.S. Energy ETF by 2.2% during the second quarter. Envestnet Asset Management Inc. now owns 174,967 shares of the company’s stock valued at $8,398,000 after acquiring an additional 3,821 shares during the period. Blair William & Co. IL raised its holdings in iShares U.S. Energy ETF by 17.6% in the 2nd quarter. Blair William & Co. IL now owns 8,169 shares of the company’s stock valued at $392,000 after acquiring an additional 1,223 shares in the last quarter. Thrivent Financial for Lutherans lifted its position in shares of iShares U.S. Energy ETF by 9.1% in the 2nd quarter. Thrivent Financial for Lutherans now owns 49,176 shares of the company’s stock worth $2,360,000 after acquiring an additional 4,095 shares during the period. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of iShares U.S. Energy ETF by 198.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 671 shares of the company’s stock worth $33,000 after purchasing an additional 446 shares in the last quarter.

iShares U.S. Energy ETF Trading Up 0.7 %

IYE opened at $49.95 on Monday. The stock has a market cap of $1.37 billion, a PE ratio of 8.60 and a beta of 0.54. iShares U.S. Energy ETF has a 1 year low of $41.46 and a 1 year high of $51.70. The stock’s 50 day simple moving average is $47.93 and its 200-day simple moving average is $47.52.

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.