Cerity Partners LLC Cuts Stock Holdings in iShares U.S. Energy ETF (NYSEARCA:IYE)

Cerity Partners LLC lowered its stake in iShares U.S. Energy ETF (NYSEARCA:IYE) by 9.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,922 shares of the company’s stock after selling 1,088 shares during the period. Cerity Partners LLC’s holdings in iShares U.S. Energy ETF were worth $506,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of IYE. Fifth Third Bancorp boosted 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 buying an additional 303 shares during the period. EverSource Wealth Advisors LLC grew its stake 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 worth $33,000 after purchasing an additional 446 shares during the last quarter. Financial Management Professionals Inc. increased its holdings in 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 valued at $38,000 after purchasing an additional 639 shares during the period. HHM Wealth Advisors LLC bought a new position in iShares U.S. Energy ETF during the 2nd quarter valued at approximately $41,000. Finally, Larson Financial Group LLC lifted its holdings in iShares U.S. Energy ETF by 6,120.0% in the 2nd quarter. Larson Financial Group LLC now owns 933 shares of the company’s stock worth $45,000 after buying an additional 918 shares during the period.

iShares U.S. Energy ETF Stock Performance

IYE opened at $48.17 on Friday. The stock has a market capitalization of $1.32 billion, a PE ratio of 8.60 and a beta of 0.54. The stock’s 50 day moving average price is $48.61 and its 200-day moving average price is $47.75. iShares U.S. Energy ETF has a 52-week low of $41.46 and a 52-week high of $51.70.

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.