iShares U.S. Energy ETF (NYSEARCA:IYE) Shares Sold by Counterweight Ventures LLC

Counterweight Ventures LLC reduced its position in iShares U.S. Energy ETF (NYSEARCA:IYE) by 70.2% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 14,517 shares of the company’s stock after selling 34,213 shares during the quarter. Counterweight Ventures LLC owned about 0.05% of iShares U.S. Energy ETF worth $673,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in IYE. Beacon Capital Management LLC boosted its position in shares of iShares U.S. Energy ETF by 1,848.4% in the 1st quarter. Beacon Capital Management LLC now owns 604 shares of the company’s stock worth $30,000 after buying an additional 573 shares in the last quarter. Fifth Third Bancorp raised its holdings in shares of 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 raised its stake in shares of iShares U.S. Energy ETF by 198.2% during the second quarter. EverSource Wealth Advisors LLC now owns 671 shares of the company’s stock valued at $33,000 after purchasing an additional 446 shares during the period. Financial Management Professionals Inc. lifted its holdings in iShares U.S. Energy ETF by 345.4% in the 3rd quarter. Financial Management Professionals Inc. now owns 824 shares of the company’s stock worth $38,000 after buying an additional 639 shares in the last quarter. Finally, HHM Wealth Advisors LLC acquired a new position in shares of iShares U.S. Energy ETF in the second quarter worth about $41,000.

iShares U.S. Energy ETF Trading Up 1.4 %

iShares U.S. Energy ETF stock opened at $50.46 on Tuesday. iShares U.S. Energy ETF has a 52 week low of $41.46 and a 52 week high of $51.70. The stock has a market cap of $1.39 billion, a P/E ratio of 8.60 and a beta of 0.54. The stock has a 50 day moving average of $47.45 and a 200-day moving average of $47.64.

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.