WealthShield Partners LLC cut its stake in shares of iShares U.S. Energy ETF (NYSEARCA:IYE – Free Report) by 63.4% during the 4th quarter, HoldingsChannel reports. The firm owned 577 shares of the company’s stock after selling 1,000 shares during the period. WealthShield Partners LLC’s holdings in iShares U.S. Energy ETF were worth $26,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Key Financial Inc bought a new stake in shares of iShares U.S. Energy ETF during the 4th quarter valued at approximately $27,000. JFS Wealth Advisors LLC grew its holdings in shares of iShares U.S. Energy ETF by 820.8% during the 4th quarter. JFS Wealth Advisors LLC now owns 663 shares of the company’s stock valued at $30,000 after purchasing an additional 591 shares during the last quarter. Ritter Daniher Financial Advisory LLC DE bought a new stake in shares of iShares U.S. Energy ETF during the 3rd quarter valued at approximately $49,000. Brown Brothers Harriman & Co. bought a new stake in shares of iShares U.S. Energy ETF during the 3rd quarter valued at approximately $60,000. Finally, Golden State Wealth Management LLC acquired a new stake in iShares U.S. Energy ETF during the 4th quarter worth approximately $119,000.
iShares U.S. Energy ETF Price Performance
NYSEARCA:IYE opened at $47.30 on Wednesday. The firm’s 50 day simple moving average is $47.19 and its 200 day simple moving average is $47.56. iShares U.S. Energy ETF has a one year low of $43.71 and a one year high of $51.70. The company has a market cap of $1.28 billion, a PE ratio of 14.66 and a beta of 1.25.
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.
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