Waterloo Capital L.P. Reduces Holdings in iShares U.S. Energy ETF (NYSEARCA:IYE)

Waterloo Capital L.P. lessened its position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 4.4% during the second quarter, Holdings Channel reports. The institutional investor owned 35,886 shares of the company’s stock after selling 1,645 shares during the quarter. Waterloo Capital L.P.’s holdings in iShares U.S. Energy ETF were worth $1,723,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Vermillion & White Wealth Management Group LLC bought a new position in shares of iShares U.S. Energy ETF during the 4th quarter valued at about $58,000. TSA Wealth Managment LLC bought a new stake in shares of iShares U.S. Energy ETF in the 4th quarter worth $369,000. Journey Strategic Wealth LLC bought a new stake in shares of iShares U.S. Energy ETF in the fourth quarter worth $330,000. PNC Financial Services Group Inc. grew its holdings in shares of iShares U.S. Energy ETF by 9.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,453 shares of the company’s stock worth $329,000 after acquiring an additional 650 shares during the period. Finally, Blue Trust Inc. grew its holdings in shares of iShares U.S. Energy ETF by 67.2% in the first quarter. Blue Trust Inc. now owns 23,788 shares of the company’s stock worth $1,175,000 after acquiring an additional 9,557 shares during the period.

iShares U.S. Energy ETF Stock Performance

NYSEARCA IYE opened at $46.27 on Wednesday. The company has a market capitalization of $1.27 billion, a PE ratio of 8.60 and a beta of 0.54. The business’s fifty day moving average is $47.18 and its 200 day moving average is $47.99. iShares U.S. Energy ETF has a fifty-two week low of $41.46 and a fifty-two week high of $51.70.

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.