Sunbelt Securities Inc. Reduces Stock Position in iShares U.S. Energy ETF (NYSEARCA:IYE)

Sunbelt Securities Inc. decreased its position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 2.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,452 shares of the company’s stock after selling 972 shares during the quarter. Sunbelt Securities Inc. owned 0.12% of iShares U.S. Energy ETF worth $1,558,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Fifth Third Bancorp grew its holdings in iShares U.S. Energy ETF by 97.7% in the second quarter. Fifth Third Bancorp now owns 613 shares of the company’s stock valued at $29,000 after purchasing an additional 303 shares during the period. Beacon Capital Management LLC grew its holdings 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 worth $30,000 after buying an additional 573 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of 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 valued at $33,000 after buying an additional 446 shares during the last quarter. HHM Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Energy ETF in the second quarter valued at about $41,000. Finally, Larson Financial Group LLC boosted its position in iShares U.S. Energy ETF by 6,120.0% during the second quarter. Larson Financial Group LLC now owns 933 shares of the company’s stock worth $45,000 after acquiring an additional 918 shares during the last quarter.

iShares U.S. Energy ETF Stock Performance

Shares of iShares U.S. Energy ETF stock opened at $46.34 on Tuesday. 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 cap of $1.27 billion, a price-to-earnings ratio of 8.60 and a beta of 0.54. The business’s 50 day moving average price is $46.84 and its 200 day moving average price is $48.00.

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.