Connecticut Wealth Management LLC Lowers Position in iShares U.S. Energy ETF (NYSEARCA:IYE)

Connecticut Wealth Management LLC lessened its position in iShares U.S. Energy ETF (NYSEARCA:IYE) by 73.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 25,063 shares of the company’s stock after selling 68,828 shares during the quarter. Connecticut Wealth Management LLC owned approximately 0.13% of iShares U.S. Energy ETF worth $796,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Atria Investments LLC bought a new position in iShares U.S. Energy ETF during the 2nd quarter valued at approximately $307,000. Royal Bank of Canada increased its position in iShares U.S. Energy ETF by 7.7% during the 2nd quarter. Royal Bank of Canada now owns 175,891 shares of the company’s stock valued at $6,052,000 after buying an additional 12,629 shares in the last quarter. Pettinga Financial Advisors LLC increased its position in iShares U.S. Energy ETF by 7.5% during the 2nd quarter. Pettinga Financial Advisors LLC now owns 41,520 shares of the company’s stock valued at $1,429,000 after buying an additional 2,900 shares in the last quarter. Capital Investment Advisors LLC increased its position in iShares U.S. Energy ETF by 4.0% during the 2nd quarter. Capital Investment Advisors LLC now owns 17,052 shares of the company’s stock valued at $587,000 after buying an additional 661 shares in the last quarter. Finally, Bank of Montreal Can increased its position in iShares U.S. Energy ETF by 11.2% during the 2nd quarter. Bank of Montreal Can now owns 94,588 shares of the company’s stock valued at $3,256,000 after buying an additional 9,494 shares in the last quarter.

IYE stock opened at $31.62 on Friday. iShares U.S. Energy ETF has a twelve month low of $28.99 and a twelve month high of $38.79. The business has a 50 day moving average of $31.70 and a 200 day moving average of $33.18.

The business also recently disclosed a — dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given a dividend of $0.2767 per share. This represents a yield of 3.1%. The ex-dividend date of this dividend was Tuesday, September 24th.

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.

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Institutional Ownership by Quarter for iShares U.S. Energy ETF (NYSEARCA:IYE)

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