IFP Advisors Inc reduced its position in iShares U.S. Energy ETF (NYSEARCA:IYE – Free Report) by 40.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,640 shares of the company’s stock after selling 1,095 shares during the period. IFP Advisors Inc’s holdings in iShares U.S. Energy ETF were worth $75,000 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. Key Financial Inc purchased a new stake in iShares U.S. Energy ETF during the 4th quarter valued at $27,000. JFS Wealth Advisors LLC raised its stake in 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 buying an additional 591 shares during the last quarter. Ritter Daniher Financial Advisory LLC DE purchased a new stake in iShares U.S. Energy ETF during the 3rd quarter valued at $49,000. Brown Brothers Harriman & Co. purchased a new stake in iShares U.S. Energy ETF during the 3rd quarter valued at $60,000. Finally, Golden State Wealth Management LLC purchased a new stake in iShares U.S. Energy ETF during the 4th quarter valued at $119,000.
iShares U.S. Energy ETF Trading Down 1.3 %
Shares of IYE opened at $45.22 on Thursday. The firm has a market cap of $1.22 billion, a PE ratio of 14.66 and a beta of 1.25. The firm has a fifty day simple moving average of $47.43 and a two-hundred day simple moving average of $47.53. iShares U.S. Energy ETF has a 1-year low of $43.71 and a 1-year high of $51.70.
iShares U.S. Energy ETF 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.
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