Hilltop Holdings Inc. Has $3.31 Million Stake in iShares U.S. Energy ETF $IYE

Hilltop Holdings Inc. reduced its stake in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 42.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,140 shares of the company’s stock after selling 37,234 shares during the period. Hilltop Holdings Inc. owned 0.18% of iShares U.S. Energy ETF worth $3,312,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. RMG Wealth Management LLC bought a new stake in shares of iShares U.S. Energy ETF during the 1st quarter worth about $25,000. Greykasell Wealth Strategies Inc. bought a new position in shares of iShares U.S. Energy ETF in the 4th quarter valued at approximately $33,000. Headlands Technologies LLC bought a new position in shares of iShares U.S. Energy ETF in the 2nd quarter valued at approximately $49,000. NBT Bank N A NY raised its stake in shares of iShares U.S. Energy ETF by 1,647.9% in the 1st 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 in the last quarter. Finally, Triumph Capital Management acquired a new stake in iShares U.S. Energy ETF in the 3rd quarter worth approximately $58,000. Institutional investors and hedge funds own 52.46% of the company’s stock.

iShares U.S. Energy ETF Stock Performance

IYE opened at $63.35 on Friday. The firm has a market cap of $1.75 billion, a P/E ratio of 15.53 and a beta of 0.44. The business has a 50 day moving average price of $60.04 and a 200 day moving average price of $58.82. iShares U.S. Energy ETF has a twelve month low of $44.78 and a twelve month high of $67.07.

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.