Mercer Global Advisors Inc. ADV Lowers Stock Holdings in iShares U.S. Energy ETF (NYSEARCA:IYE)

Mercer Global Advisors Inc. ADV decreased its position in iShares U.S. Energy ETF (NYSEARCA:IYE) by 10.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 81,382 shares of the company’s stock after selling 9,114 shares during the period. Mercer Global Advisors Inc. ADV owned 0.30% of iShares U.S. Energy ETF worth $3,906,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Fifth Third Bancorp raised its position in iShares U.S. Energy ETF by 97.7% during the 2nd quarter. Fifth Third Bancorp now owns 613 shares of the company’s stock valued at $29,000 after purchasing an additional 303 shares in the last quarter. Beacon Capital Management LLC raised its holdings in shares of iShares U.S. Energy ETF by 1,848.4% in the first quarter. Beacon Capital Management LLC now owns 604 shares of the company’s stock valued at $30,000 after acquiring an additional 573 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in iShares U.S. Energy ETF by 187.4% in the fourth quarter. EverSource Wealth Advisors LLC now owns 914 shares of the company’s stock worth $40,000 after acquiring an additional 596 shares during the period. HHM Wealth Advisors LLC purchased a new stake in iShares U.S. Energy ETF in the second quarter worth about $41,000. Finally, Larson Financial Group LLC grew its holdings in iShares U.S. Energy ETF by 6,120.0% during the 2nd quarter. Larson Financial Group LLC now owns 933 shares of the company’s stock worth $45,000 after acquiring an additional 918 shares in the last quarter.

iShares U.S. Energy ETF Stock Performance

NYSEARCA IYE opened at $46.83 on Friday. The company’s 50-day simple moving average is $47.12 and its two-hundred day simple moving average is $48.00. iShares U.S. Energy ETF has a one year low of $41.46 and a one year high of $51.70. The company has a market capitalization of $1.29 billion, a price-to-earnings ratio of 8.60 and a beta of 0.54.

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.