Market Street Wealth Management Advisors LLC Lowers Stock Holdings in iShares U.S. Energy ETF (NYSEARCA:IYE)

Market Street Wealth Management Advisors LLC cut its stake in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 7.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,557 shares of the company’s stock after selling 572 shares during the period. Market Street Wealth Management Advisors LLC’s holdings in iShares U.S. Energy ETF were worth $350,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in IYE. Fifth Third Bancorp increased its holdings in shares of iShares U.S. Energy ETF by 97.7% in the second quarter. Fifth Third Bancorp now owns 613 shares of the company’s stock valued at $29,000 after purchasing an additional 303 shares during the period. Beacon Capital Management LLC increased its stake in 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 valued at $30,000 after buying an additional 573 shares during the period. EverSource Wealth Advisors LLC raised its position in iShares U.S. Energy ETF by 198.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 671 shares of the company’s stock worth $33,000 after buying an additional 446 shares during the last quarter. HHM Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Energy ETF in the 2nd quarter worth $41,000. Finally, Larson Financial Group LLC boosted its holdings in shares of iShares U.S. Energy ETF by 6,120.0% in the second quarter. Larson Financial Group LLC now owns 933 shares of the company’s stock valued at $45,000 after acquiring an additional 918 shares in the last quarter.

iShares U.S. Energy ETF Stock Up 0.4 %

Shares of iShares U.S. Energy ETF stock opened at $47.39 on Thursday. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 8.60 and a beta of 0.54. iShares U.S. Energy ETF has a 52-week low of $41.46 and a 52-week high of $51.70. The company’s 50-day simple moving average is $47.03 and its 200-day simple moving average is $47.98.

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.