iShares U.S. Energy ETF (NYSEARCA:IYE) Shares Sold by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC reduced its position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 2.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 56,228 shares of the company’s stock after selling 1,268 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in iShares U.S. Energy ETF were worth $2,562,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Ferguson Wellman Capital Management Inc. boosted its position in iShares U.S. Energy ETF by 3,857.2% during the third quarter. Ferguson Wellman Capital Management Inc. now owns 292,319 shares of the company’s stock worth $13,546,000 after purchasing an additional 284,932 shares in the last quarter. International Assets Investment Management LLC raised its stake in shares of iShares U.S. Energy ETF by 4,084.7% during the 3rd quarter. International Assets Investment Management LLC now owns 99,260 shares of the company’s stock worth $4,600,000 after buying an additional 96,888 shares during the period. Wealthstar Advisors LLC purchased a new position in shares of iShares U.S. Energy ETF during the 4th quarter valued at approximately $1,708,000. Well Done LLC acquired a new stake in iShares U.S. Energy ETF in the 3rd quarter valued at $1,656,000. Finally, Hilltop Holdings Inc. acquired a new stake in iShares U.S. Energy ETF in the 3rd quarter valued at $1,140,000.

iShares U.S. Energy ETF Stock Performance

NYSEARCA:IYE opened at $48.28 on Wednesday. The stock has a market capitalization of $1.33 billion, a PE ratio of 8.60 and a beta of 0.54. iShares U.S. Energy ETF has a fifty-two week low of $43.33 and a fifty-two week high of $51.70. The company has a fifty day moving average of $47.18 and a two-hundred day moving average of $47.50.

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.