iShares U.S. Energy ETF (NYSEARCA:IYE) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lowered its position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 30.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 15,846 shares of the company’s stock after selling 6,977 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in iShares U.S. Energy ETF were worth $734,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Csenge Advisory Group grew its holdings in iShares U.S. Energy ETF by 12.4% in the 1st quarter. Csenge Advisory Group now owns 15,034 shares of the company’s stock valued at $743,000 after buying an additional 1,657 shares during the period. Concord Investment Counsel Inc. purchased a new stake in iShares U.S. Energy ETF in the first quarter valued at approximately $603,000. Atomi Financial Group Inc. acquired a new position in iShares U.S. Energy ETF during the first quarter worth approximately $207,000. Kingsview Wealth Management LLC purchased a new position in iShares U.S. Energy ETF during the first quarter worth approximately $2,636,000. Finally, Picton Mahoney Asset Management boosted its holdings in shares of iShares U.S. Energy ETF by 120.5% in the 1st quarter. Picton Mahoney Asset Management now owns 9,700 shares of the company’s stock valued at $479,000 after purchasing an additional 5,300 shares during the last quarter.

iShares U.S. Energy ETF Stock Up 3.5 %

IYE stock opened at $49.19 on Thursday. The company has a market cap of $1.35 billion, a price-to-earnings ratio of 8.60 and a beta of 0.54. The business has a fifty day simple moving average of $46.97 and a 200-day simple moving average of $47.65. iShares U.S. Energy ETF has a 52 week low of $41.46 and a 52 week 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.