iShares U.S. Energy ETF Price & Performance (IYE)

The iShares S&P/TSX Capped Energy Index ETF surged 2.08% to $15.72 on Tuesday, with trading volume doubling to 2 million shares. Despite the uptick, technical indicators suggest a downward trend may persist, forecasting a potential 10% drop over the next quarter if conditions remain unchanged.1

iShares U.S. High Dividend Equity Index ETF declared an April cash distribution of $0.077 per unit, payable April 30 to holders on record by April 25. The CAD-hedged fund continues its pattern of steady monthly payouts, providing income stability for Canadian investors despite ongoing market uncertainty.2

Major institutional investors increased their stakes in iShares U.S. Energy ETF in the fourth quarter, with JPMorgan Chase & Co. boosting holdings by 66%. Despite this, the ETF opened at $42.00 Tuesday, near its 12-month low, reflecting sector-wide challenges and recent price declines.3