iShares U.S. Energy ETF (NYSEARCA:IYE) Shares Sold by Provence Wealth Management Group

Provence Wealth Management Group trimmed its holdings in iShares U.S. Energy ETF (NYSEARCA:IYE) by 21.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,151 shares of the company’s stock after selling 315 shares during the period. Provence Wealth Management Group’s holdings in iShares U.S. Energy ETF were worth $51,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of IYE. International Assets Investment Management LLC grew its holdings in shares of iShares U.S. Energy ETF by 3,280.9% during the 4th quarter. International Assets Investment Management LLC now owns 271,956 shares of the company’s stock worth $11,999,000 after purchasing an additional 263,912 shares during the period. Crestwood Advisors Group LLC purchased a new stake in iShares U.S. Energy ETF in the fourth quarter valued at approximately $11,148,000. Modera Wealth Management LLC acquired a new position in iShares U.S. Energy ETF during the third quarter worth $9,916,000. Bellwether Advisors LLC purchased a new stake in shares of iShares U.S. Energy ETF in the 3rd quarter valued at $9,169,000. Finally, Robertson Stephens Wealth Management LLC acquired a new position in iShares U.S. Energy ETF during the 3rd quarter worth about $5,038,000.

iShares U.S. Energy ETF Price Performance

Shares of NYSEARCA IYE traded up $0.03 during mid-day trading on Friday, hitting $48.45. The company had a trading volume of 869,739 shares, compared to its average volume of 574,869. iShares U.S. Energy ETF has a 1-year low of $40.24 and a 1-year high of $51.70. The business’s 50-day simple moving average is $48.41 and its 200 day simple moving average is $45.73. The company has a market capitalization of $1.33 billion, a PE 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.