Montecito Bank & Trust Has $592,000 Stake in iShares U.S. Energy ETF (NYSEARCA:IYE)

Montecito Bank & Trust decreased its holdings in iShares U.S. Energy ETF (NYSEARCA:IYE) by 1.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,982 shares of the company’s stock after selling 220 shares during the quarter. Montecito Bank & Trust’s holdings in iShares U.S. Energy ETF were worth $592,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of IYE. HighTower Advisors LLC increased its holdings in iShares U.S. Energy ETF by 8.2% in the 3rd quarter. HighTower Advisors LLC now owns 44,229 shares of the company’s stock valued at $2,097,000 after buying an additional 3,354 shares during the period. Provence Wealth Management Group bought a new position in iShares U.S. Energy ETF in the 3rd quarter valued at about $70,000. Mariner LLC increased its holdings in iShares U.S. Energy ETF by 4.0% in the 3rd quarter. Mariner LLC now owns 146,675 shares of the company’s stock valued at $6,957,000 after buying an additional 5,709 shares during the period. Stifel Financial Corp increased its holdings in iShares U.S. Energy ETF by 0.4% in the 3rd quarter. Stifel Financial Corp now owns 89,256 shares of the company’s stock valued at $4,233,000 after buying an additional 349 shares during the period. Finally, Allstate Corp bought a new position in iShares U.S. Energy ETF in the 3rd quarter valued at about $1,962,000.

iShares U.S. Energy ETF Stock Up 1.6 %

IYE stock opened at $47.22 on Friday. iShares U.S. Energy ETF has a 12 month low of $40.57 and a 12 month high of $51.70. The firm has a market cap of $1.30 billion, a P/E ratio of 8.60 and a beta of 0.54. The company’s 50-day moving average price is $48.55 and its two-hundred day moving average price is $46.46.

iShares U.S. Energy ETF Company 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.