Commonwealth Equity Services LLC Reduces Holdings in iShares U.S. Energy ETF $IYE

Commonwealth Equity Services LLC cut its stake in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 9.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 125,765 shares of the company’s stock after selling 13,492 shares during the quarter. Commonwealth Equity Services LLC owned 0.52% of iShares U.S. Energy ETF worth $5,978,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the stock. Asempa Wealth Advisors acquired a new stake in shares of iShares U.S. Energy ETF in the fourth quarter valued at approximately $1,041,000. Summit Financial Consulting LLC increased its holdings in shares of iShares U.S. Energy ETF by 11.5% in the fourth quarter. Summit Financial Consulting LLC now owns 153,227 shares of the company’s stock valued at $7,283,000 after purchasing an additional 15,818 shares during the last quarter. Matthew Goff Investment Advisor LLC purchased a new position in iShares U.S. Energy ETF in the fourth quarter worth approximately $460,000. UBS Group AG grew its position in iShares U.S. Energy ETF by 3.0% in the fourth quarter. UBS Group AG now owns 603,424 shares of the company’s stock worth $28,681,000 after acquiring an additional 17,453 shares during the period. Finally, Northwest Wealth Advisors LLC purchased a new position in iShares U.S. Energy ETF in the fourth quarter worth approximately $555,000. 52.46% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Energy ETF Stock Performance

Shares of iShares U.S. Energy ETF stock opened at $61.09 on Friday. The firm has a market capitalization of $1.74 billion, a price-to-earnings ratio of 15.53 and a beta of 0.44. iShares U.S. Energy ETF has a fifty-two week low of $44.04 and a fifty-two week high of $67.07. The stock has a 50 day moving average of $61.66 and a 200 day moving average of $56.03.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.