iShares U.S. Energy ETF (NYSEARCA:IYE) Shares Sold by Avior Wealth Management LLC

Avior Wealth Management LLC lessened its stake in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 31.2% during the third quarter, Holdings Channel.com reports. The fund owned 2,817 shares of the company’s stock after selling 1,275 shares during the period. Avior Wealth Management LLC’s holdings in iShares U.S. Energy ETF were worth $131,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. CreativeOne Wealth LLC boosted its holdings in iShares U.S. Energy ETF by 45.1% during the first quarter. CreativeOne Wealth LLC now owns 8,543 shares of the company’s stock worth $422,000 after buying an additional 2,654 shares in the last quarter. EP Wealth Advisors LLC bought a new stake in iShares U.S. Energy ETF during the first quarter worth approximately $137,000. B. Riley Wealth Advisors Inc. boosted its holdings in iShares U.S. Energy ETF by 9.4% during the first quarter. B. Riley Wealth Advisors Inc. now owns 15,890 shares of the company’s stock worth $759,000 after buying an additional 1,363 shares in the last quarter. Beacon Capital Management LLC boosted its holdings in iShares U.S. Energy ETF by 1,848.4% during the first quarter. Beacon Capital Management LLC now owns 604 shares of the company’s stock worth $30,000 after buying an additional 573 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in iShares U.S. Energy ETF by 798.5% during the first quarter. Cetera Investment Advisers now owns 171,614 shares of the company’s stock worth $8,478,000 after buying an additional 152,513 shares in the last quarter.

iShares U.S. Energy ETF Stock Performance

Shares of NYSEARCA:IYE opened at $51.38 on Friday. The company has a 50 day moving average price of $47.94 and a 200 day moving average price of $47.71. iShares U.S. Energy ETF has a 1-year low of $41.46 and a 1-year high of $51.70. The stock has a market capitalization of $1.41 billion, a price-to-earnings ratio of 8.60 and a beta of 0.54.

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.