iShares U.S. Energy ETF $IYE Shares Sold by Empirical Asset Management LLC

Empirical Asset Management LLC decreased its holdings in iShares U.S. Energy ETF (NYSEARCA:IYE) by 3.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 10,070 shares of the company’s stock after selling 360 shares during the quarter. Empirical Asset Management LLC’s holdings in iShares U.S. Energy ETF were worth $455,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of IYE. Summit Financial Consulting LLC acquired a new position in shares of iShares U.S. Energy ETF in the first quarter worth about $5,557,000. Kestra Advisory Services LLC lifted its stake in shares of iShares U.S. Energy ETF by 116.3% in the first quarter. Kestra Advisory Services LLC now owns 111,394 shares of the company’s stock worth $5,492,000 after acquiring an additional 59,903 shares in the last quarter. PGIM Custom Harvest LLC increased its holdings in iShares U.S. Energy ETF by 2.3% in the first quarter. PGIM Custom Harvest LLC now owns 1,486,973 shares of the company’s stock valued at $73,308,000 after buying an additional 33,368 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in iShares U.S. Energy ETF by 64.7% in the first quarter. Jones Financial Companies Lllp now owns 69,518 shares of the company’s stock valued at $3,427,000 after buying an additional 27,312 shares during the last quarter. Finally, Ethos Financial Group LLC bought a new stake in iShares U.S. Energy ETF in the first quarter valued at about $1,166,000. Institutional investors and hedge funds own 52.46% of the company’s stock.

iShares U.S. Energy ETF Stock Up 0.7%

Shares of iShares U.S. Energy ETF stock opened at $45.72 on Friday. The firm has a market cap of $1.11 billion, a P/E ratio of 15.53 and a beta of 1.37. iShares U.S. Energy ETF has a fifty-two week low of $39.35 and a fifty-two week high of $51.61. The business has a 50-day moving average price of $46.85 and a 200 day moving average price of $45.43.

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.