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

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

A number of other large investors have also bought and sold shares of the stock. Sound Income Strategies LLC raised its holdings in shares of iShares U.S. Energy ETF by 84,100.0% in the 4th quarter. Sound Income Strategies LLC now owns 842 shares of the company’s stock worth $37,000 after acquiring an additional 841 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in iShares U.S. Energy ETF by 187.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 914 shares of the company’s stock valued at $40,000 after buying an additional 596 shares during the last quarter. Atlantic Edge Private Wealth Management LLC purchased a new position in iShares U.S. Energy ETF in the fourth quarter worth $50,000. Planned Solutions Inc. purchased a new stake in shares of iShares U.S. Energy ETF during the 4th quarter valued at $53,000. Finally, Trust Co. of Vermont bought a new stake in shares of iShares U.S. Energy ETF during the 3rd quarter worth $56,000.

iShares U.S. Energy ETF Stock Performance

NYSEARCA:IYE traded down $0.04 during trading hours on Monday, reaching $47.96. The stock had a trading volume of 293,649 shares, compared to its average volume of 519,443. The stock has a market cap of $1.32 billion, a P/E ratio of 8.60 and a beta of 0.54. The stock has a 50 day simple moving average of $48.35 and a 200 day simple moving average of $46.70. iShares U.S. Energy ETF has a 12-month low of $41.43 and a 12-month high of $51.70.

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.