iShares U.S. Energy ETF $IYE Shares Sold by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC decreased its holdings in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 3.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 6,538 shares of the company’s stock after selling 255 shares during the period. Chicago Partners Investment Group LLC’s holdings in iShares U.S. Energy ETF were worth $301,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in IYE. Wealth Enhancement Advisory Services LLC raised its position in shares of iShares U.S. Energy ETF by 12.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 22,664 shares of the company’s stock worth $1,117,000 after buying an additional 2,531 shares during the period. Golden State Wealth Management LLC raised its position in shares of iShares U.S. Energy ETF by 103.6% in the 1st quarter. Golden State Wealth Management LLC now owns 5,323 shares of the company’s stock worth $263,000 after buying an additional 2,708 shares during the period. Sunbelt Securities Inc. raised its position in shares of iShares U.S. Energy ETF by 2.5% in the 1st quarter. Sunbelt Securities Inc. now owns 40,242 shares of the company’s stock worth $1,984,000 after buying an additional 974 shares during the period. Wealthstar Advisors LLC raised its position in shares of iShares U.S. Energy ETF by 11.8% in the 1st quarter. Wealthstar Advisors LLC now owns 41,893 shares of the company’s stock worth $2,065,000 after buying an additional 4,405 shares during the period. Finally, Saxon Interests Inc. purchased a new position in shares of iShares U.S. Energy ETF in the 1st quarter worth $236,000. Institutional investors and hedge funds own 52.46% of the company’s stock.

iShares U.S. Energy ETF Trading Down 1.0%

Shares of IYE opened at $46.81 on Friday. The firm has a market capitalization of $1.12 billion, a P/E ratio of 15.53 and a beta of 1.37. The stock’s fifty day simple moving average is $46.98 and its 200 day simple moving average is $45.53. iShares U.S. Energy ETF has a twelve month low of $39.35 and a twelve month high of $51.61.

About iShares U.S. Energy ETF

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.