iShares U.S. Energy ETF (NYSEARCA:IYE) Stake Lessened by Country Club Bank

Country Club Bank trimmed its position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 4.6% in the 3rd quarter, Holdings Channel.com reports. The fund owned 8,459 shares of the company’s stock after selling 406 shares during the quarter. Country Club Bank’s holdings in iShares U.S. Energy ETF were worth $390,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of IYE. Ferguson Wellman Capital Management Inc. raised its holdings in shares of iShares U.S. Energy ETF by 3,488.0% during the third quarter. Ferguson Wellman Capital Management Inc. now owns 265,045 shares of the company’s stock worth $12,282,000 after acquiring an additional 257,658 shares in the last quarter. Cetera Investment Advisers increased its position 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 during the last quarter. International Assets Investment Management LLC increased its position in iShares U.S. Energy ETF by 4,084.7% during the third quarter. International Assets Investment Management LLC now owns 99,260 shares of the company’s stock worth $4,600,000 after buying an additional 96,888 shares during the last quarter. Wintrust Investments LLC acquired a new position in iShares U.S. Energy ETF during the first quarter worth $2,814,000. Finally, Kingsview Wealth Management LLC acquired a new position in iShares U.S. Energy ETF during the first quarter worth $2,636,000.

iShares U.S. Energy ETF Price Performance

iShares U.S. Energy ETF stock opened at $47.13 on Friday. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of 8.60 and a beta of 0.54. iShares U.S. Energy ETF has a one year low of $41.46 and a one year high of $51.70. The company’s fifty day moving average price is $47.03 and its two-hundred day moving average price is $47.83.

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.