Eq LLC Sells 632 Shares of iShares U.S. Energy ETF (NYSEARCA:IYE)

Eq LLC decreased its position in iShares U.S. Energy ETF (NYSEARCA:IYE) by 4.5% during the 3rd quarter, Holdings Channel.com reports. The fund owned 13,509 shares of the company’s stock after selling 632 shares during the quarter. Eq LLC’s holdings in iShares U.S. Energy ETF were worth $626,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in IYE. Ferguson Wellman Capital Management Inc. boosted its holdings in iShares U.S. Energy ETF by 3,857.2% in the third quarter. Ferguson Wellman Capital Management Inc. now owns 292,319 shares of the company’s stock valued at $13,546,000 after acquiring an additional 284,932 shares during the last quarter. Cetera Investment Advisers boosted its holdings in iShares U.S. Energy ETF by 798.5% during the first quarter. Cetera Investment Advisers now owns 171,614 shares of the company’s stock worth $8,478,000 after buying an additional 152,513 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in iShares U.S. Energy ETF by 4,084.7% during the third quarter. International Assets Investment Management LLC now owns 99,260 shares of the company’s stock worth $4,600,000 after buying an additional 96,888 shares during the last quarter. Sanctuary Advisors LLC bought a new position in iShares U.S. Energy ETF during the second quarter worth about $1,946,000. Finally, Well Done LLC bought a new position in iShares U.S. Energy ETF during the third quarter worth about $1,656,000.

iShares U.S. Energy ETF Price Performance

NYSEARCA:IYE opened at $49.76 on Monday. iShares U.S. Energy ETF has a fifty-two week low of $41.46 and a fifty-two week high of $51.70. The stock has a market capitalization of $1.37 billion, a PE ratio of 8.60 and a beta of 0.54. The business’s 50-day simple moving average is $47.35 and its 200-day simple moving average is $47.63.

iShares U.S. Energy ETF 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.