Kesler Norman & Wride LLC Purchases New Shares in iShares U.S. Energy ETF $IYE

Kesler Norman & Wride LLC purchased a new position in iShares U.S. Energy ETF (NYSEARCA:IYE) during the first quarter, Holdings Channel.com reports. The firm purchased 9,707 shares of the company’s stock, valued at approximately $629,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Greykasell Wealth Strategies Inc. purchased a new stake in iShares U.S. Energy ETF during the fourth quarter valued at about $33,000. Headlands Technologies LLC purchased a new position in shares of iShares U.S. Energy ETF in the second quarter worth approximately $49,000. NBT Bank N A NY increased its position in shares of iShares U.S. Energy ETF by 1,647.9% in the first quarter. NBT Bank N A NY now owns 839 shares of the company’s stock worth $54,000 after acquiring an additional 791 shares in the last quarter. Triumph Capital Management acquired a new stake in shares of iShares U.S. Energy ETF during the third quarter valued at approximately $58,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of iShares U.S. Energy ETF during the fourth quarter valued at approximately $60,000. Institutional investors and hedge funds own 52.46% of the company’s stock.

iShares U.S. Energy ETF Stock Performance

Shares of NYSEARCA:IYE opened at $61.25 on Friday. The company has a market cap of $1.68 billion, a PE ratio of 15.53 and a beta of 0.44. iShares U.S. Energy ETF has a 52 week low of $44.78 and a 52 week high of $67.07. The firm has a 50 day simple moving average of $59.92 and a 200 day simple moving average of $58.30.

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