Ballew Advisors Inc Has $1.07 Million Stock Position in iShares U.S. Energy ETF (NYSEARCA:IYE)

Ballew Advisors Inc lessened its holdings in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 1.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 22,208 shares of the company’s stock after selling 366 shares during the period. Ballew Advisors Inc owned 0.08% of iShares U.S. Energy ETF worth $1,071,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of IYE. PNC Financial Services Group Inc. grew its position in shares of iShares U.S. Energy ETF by 9.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,453 shares of the company’s stock valued at $329,000 after buying an additional 650 shares during the last quarter. Blue Trust Inc. boosted its holdings in 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 valued at $1,175,000 after acquiring an additional 9,557 shares during the last quarter. Security Financial Services INC. acquired a new stake in iShares U.S. Energy ETF during the 1st quarter valued at approximately $230,000. ONE Advisory Partners LLC bought a new position in iShares U.S. Energy ETF during the 1st quarter worth approximately $273,000. Finally, Mitchell Mcleod Pugh & Williams Inc. lifted its position in shares of iShares U.S. Energy ETF by 5.5% in the 2nd quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 6,027 shares of the company’s stock worth $289,000 after purchasing an additional 312 shares during the period.

iShares U.S. Energy ETF Stock Performance

NYSEARCA:IYE opened at $48.80 on Friday. iShares U.S. Energy ETF has a 52 week low of $41.46 and a 52 week high of $51.70. The firm’s fifty day moving average is $46.91 and its 200-day moving average is $48.01. The firm has a market cap of $1.34 billion, a P/E ratio of 8.60 and a beta of 0.54.

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.