Retirement Planning Group LLC Has $336,000 Stake in iShares U.S. Energy ETF $IYE

Retirement Planning Group LLC trimmed its holdings in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 14.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,429 shares of the company’s stock after selling 1,283 shares during the quarter. Retirement Planning Group LLC’s holdings in iShares U.S. Energy ETF were worth $336,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. D.A. Davidson & CO. acquired a new position in iShares U.S. Energy ETF during the second quarter worth $262,000. Signature Estate & Investment Advisors LLC increased its position in iShares U.S. Energy ETF by 16.8% during the second quarter. Signature Estate & Investment Advisors LLC now owns 13,449 shares of the company’s stock worth $608,000 after buying an additional 1,937 shares during the last quarter. Mutual Advisors LLC increased its position in iShares U.S. Energy ETF by 4.7% during the second quarter. Mutual Advisors LLC now owns 23,597 shares of the company’s stock worth $1,091,000 after buying an additional 1,070 shares during the last quarter. Concurrent Investment Advisors LLC increased its position in iShares U.S. Energy ETF by 19.3% during the second quarter. Concurrent Investment Advisors LLC now owns 5,280 shares of the company’s stock worth $239,000 after buying an additional 854 shares during the last quarter. Finally, Blue Trust Inc. increased its position in iShares U.S. Energy ETF by 1.9% during the second quarter. Blue Trust Inc. now owns 13,964 shares of the company’s stock worth $631,000 after buying an additional 259 shares during the last quarter. 52.46% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Energy ETF Stock Performance

Shares of NYSEARCA:IYE opened at $46.65 on Thursday. The company has a market cap of $1.12 billion, a P/E ratio of 15.53 and a beta of 1.37. The stock’s 50-day moving average is $46.92 and its 200-day moving average is $45.44. iShares U.S. Energy ETF has a 52-week low of $39.35 and a 52-week high of $51.61.

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.