Sigma Planning Corp Sells 591 Shares of iShares U.S. Energy ETF (NYSEARCA:IYE)

Sigma Planning Corp lowered its stake in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 8.8% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 6,104 shares of the company’s stock after selling 591 shares during the period. Sigma Planning Corp’s holdings in iShares U.S. Energy ETF were worth $283,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IYE. Fifth Third Bancorp boosted its position in shares of iShares U.S. Energy ETF by 97.7% during the second quarter. Fifth Third Bancorp now owns 613 shares of the company’s stock worth $29,000 after acquiring an additional 303 shares during the last quarter. Beacon Capital Management LLC boosted its stake in shares of 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 valued at $30,000 after purchasing an additional 573 shares during the period. EverSource Wealth Advisors LLC grew its stake in iShares U.S. Energy ETF by 198.2% in the second quarter. EverSource Wealth Advisors LLC now owns 671 shares of the company’s stock worth $33,000 after purchasing an additional 446 shares in the last quarter. Financial Management Professionals Inc. grew its position in shares of iShares U.S. Energy ETF by 345.4% during the 3rd quarter. Financial Management Professionals Inc. now owns 824 shares of the company’s stock worth $38,000 after buying an additional 639 shares in the last quarter. Finally, HHM Wealth Advisors LLC purchased a new position in shares of iShares U.S. Energy ETF during the second quarter valued at $41,000.

iShares U.S. Energy ETF Stock Performance

NYSEARCA IYE opened at $49.76 on Friday. The company has a market cap of $1.37 billion, a PE ratio of 8.60 and a beta of 0.54. The firm’s 50 day moving average price is $47.35 and its 200-day moving average price is $47.64. iShares U.S. Energy ETF has a 52-week low of $41.46 and a 52-week high of $51.70.

iShares U.S. Energy ETF Company 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.