Cwm LLC Has $730,000 Holdings in iShares U.S. Energy ETF (NYSEARCA:IYE)

Cwm LLC trimmed its position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 6.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,535 shares of the company’s stock after selling 1,126 shares during the period. Cwm LLC owned approximately 0.06% of iShares U.S. Energy ETF worth $730,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of IYE. International Assets Investment Management LLC increased its stake in iShares U.S. Energy ETF by 3,280.9% in the fourth quarter. International Assets Investment Management LLC now owns 271,956 shares of the company’s stock valued at $11,999,000 after acquiring an additional 263,912 shares during the last quarter. Crestwood Advisors Group LLC acquired a new position in shares of iShares U.S. Energy ETF during the 4th quarter worth $11,148,000. Modera Wealth Management LLC bought a new stake in shares of iShares U.S. Energy ETF during the 3rd quarter worth $9,916,000. Bellwether Advisors LLC acquired a new stake in iShares U.S. Energy ETF in the third quarter valued at about $9,169,000. Finally, Commonwealth Equity Services LLC grew its position in iShares U.S. Energy ETF by 8.2% in the third quarter. Commonwealth Equity Services LLC now owns 170,002 shares of the company’s stock valued at $8,063,000 after acquiring an additional 12,864 shares during the last quarter.

iShares U.S. Energy ETF Trading Up 0.7 %

Shares of NYSEARCA IYE opened at $50.36 on Tuesday. The stock has a 50-day moving average price of $48.20 and a two-hundred day moving average price of $45.68. iShares U.S. Energy ETF has a 12 month low of $40.24 and a 12 month high of $51.70. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 8.84 and a beta of 0.54.

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.