iShares U.S. Energy ETF (NYSEARCA:IYE) Shares Sold by Eq LLC

Eq LLC cut its position in iShares U.S. Energy ETF (NYSEARCA:IYE) by 4.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 12,916 shares of the company’s stock after selling 593 shares during the period. Eq LLC’s holdings in iShares U.S. Energy ETF were worth $589,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its stake in iShares U.S. Energy ETF by 5.8% during the third quarter. JPMorgan Chase & Co. now owns 273,453 shares of the company’s stock worth $12,672,000 after purchasing an additional 15,059 shares during the period. EP Wealth Advisors LLC increased its stake in iShares U.S. Energy ETF by 29.3% during the 3rd quarter. EP Wealth Advisors LLC now owns 3,365 shares of the company’s stock worth $156,000 after buying an additional 763 shares during the period. Janney Montgomery Scott LLC lifted its holdings in iShares U.S. Energy ETF by 0.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 60,150 shares of the company’s stock worth $2,787,000 after buying an additional 486 shares in the last quarter. Private Advisor Group LLC boosted its position in iShares U.S. Energy ETF by 15.1% in the 3rd quarter. Private Advisor Group LLC now owns 28,313 shares of the company’s stock valued at $1,312,000 after buying an additional 3,722 shares during the period. Finally, MML Investors Services LLC grew its stake in shares of iShares U.S. Energy ETF by 32.8% in the third quarter. MML Investors Services LLC now owns 53,548 shares of the company’s stock worth $2,481,000 after acquiring an additional 13,240 shares in the last quarter.

iShares U.S. Energy ETF Trading Down 1.6 %

Shares of NYSEARCA IYE opened at $47.30 on Wednesday. iShares U.S. Energy ETF has a 12-month low of $43.71 and a 12-month high of $51.70. The stock has a market cap of $1.28 billion, a P/E ratio of 14.66 and a beta of 1.25. The business’s fifty day simple moving average is $47.19 and its 200-day simple moving average is $47.56.

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.