iShares U.S. Energy ETF (NYSEARCA:IYE) Shares Sold by Cottonwood Capital Advisors LLC

Cottonwood Capital Advisors LLC reduced its position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 3.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,232 shares of the company’s stock after selling 805 shares during the period. Cottonwood Capital Advisors LLC’s holdings in iShares U.S. Energy ETF were worth $968,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its holdings 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 last quarter. Financial Management Professionals Inc. raised its holdings in iShares U.S. Energy ETF by 345.4% during 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 during the period. Ritter Daniher Financial Advisory LLC DE purchased a new stake in iShares U.S. Energy ETF during the third quarter valued at about $49,000. Brown Brothers Harriman & Co. purchased a new position in shares of iShares U.S. Energy ETF in the third quarter worth approximately $60,000. Finally, Icon Wealth Advisors LLC increased its position in shares of iShares U.S. Energy ETF by 15.5% in the third quarter. Icon Wealth Advisors LLC now owns 3,069 shares of the company’s stock worth $142,000 after acquiring an additional 412 shares in the last quarter.

iShares U.S. Energy ETF Stock Performance

Shares of NYSEARCA:IYE opened at $48.41 on Friday. The firm has a 50 day simple moving average of $47.90 and a 200 day simple moving average of $47.56. iShares U.S. Energy ETF has a 52 week low of $42.93 and a 52 week high of $51.70. The company has a market cap 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.