Rockefeller Capital Management L.P. Trims Holdings in iShares U.S. Energy ETF $IYE

Rockefeller Capital Management L.P. decreased its holdings in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 31.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,720 shares of the company’s stock after selling 8,926 shares during the period. Rockefeller Capital Management L.P. owned 0.08% of iShares U.S. Energy ETF worth $892,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. PGIM Custom Harvest LLC grew its holdings in shares of iShares U.S. Energy ETF by 2.3% during the first quarter. PGIM Custom Harvest LLC now owns 1,486,973 shares of the company’s stock valued at $73,308,000 after buying an additional 33,368 shares during the last quarter. Royal Bank of Canada lifted its position in iShares U.S. Energy ETF by 4.9% in the 1st quarter. Royal Bank of Canada now owns 367,478 shares of the company’s stock valued at $18,116,000 after acquiring an additional 17,249 shares in the last quarter. Banco Santander S.A. purchased a new stake in iShares U.S. Energy ETF during the 2nd quarter valued at $8,796,000. Cetera Investment Advisers increased its holdings in shares of iShares U.S. Energy ETF by 8.3% in the 1st quarter. Cetera Investment Advisers now owns 185,521 shares of the company’s stock worth $9,146,000 after purchasing an additional 14,166 shares in the last quarter. Finally, Summit Financial Consulting LLC raised its stake in shares of iShares U.S. Energy ETF by 15.3% in the second quarter. Summit Financial Consulting LLC now owns 129,917 shares of the company’s stock worth $5,875,000 after purchasing an additional 17,206 shares during the last quarter. 52.46% of the stock is owned by institutional investors.

iShares U.S. Energy ETF Price Performance

iShares U.S. Energy ETF stock opened at $47.52 on Thursday. iShares U.S. Energy ETF has a one year low of $39.35 and a one year high of $50.66. The business’s fifty day moving average is $47.16 and its 200 day moving average is $46.30. The stock has a market capitalization of $1.13 billion, a PE ratio of 15.53 and a beta of 0.78.

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.