Interchange Capital Partners LLC Sells 3,122 Shares of iShares U.S. Energy ETF $IYE

Interchange Capital Partners LLC lessened its holdings in iShares U.S. Energy ETF (NYSEARCA:IYE) by 63.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,826 shares of the company’s stock after selling 3,122 shares during the quarter. Interchange Capital Partners LLC’s holdings in iShares U.S. Energy ETF were worth $83,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of IYE. CX Institutional bought a new position in iShares U.S. Energy ETF in the 1st quarter valued at $27,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares U.S. Energy ETF by 12.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 22,664 shares of the company’s stock worth $1,117,000 after acquiring an additional 2,531 shares during the period. Foundation Wealth Management LLC grew its stake in shares of iShares U.S. Energy ETF by 1.0% during the 1st quarter. Foundation Wealth Management LLC now owns 24,654 shares of the company’s stock worth $1,215,000 after acquiring an additional 241 shares during the period. Golden State Wealth Management LLC grew its stake in shares of iShares U.S. Energy ETF by 103.6% during the 1st quarter. Golden State Wealth Management LLC now owns 5,323 shares of the company’s stock worth $263,000 after acquiring an additional 2,708 shares during the period. Finally, Sunbelt Securities Inc. grew its stake in shares of iShares U.S. Energy ETF by 2.5% during the 1st quarter. Sunbelt Securities Inc. now owns 40,242 shares of the company’s stock worth $1,984,000 after acquiring an additional 974 shares during the period. Institutional investors own 52.46% of the company’s stock.

iShares U.S. Energy ETF Stock Performance

IYE stock opened at $45.95 on Wednesday. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 15.53 and a beta of 1.37. iShares U.S. Energy ETF has a fifty-two week low of $39.35 and a fifty-two week high of $51.61. The stock has a fifty day moving average of $46.81 and a 200-day moving average of $45.48.

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.