iShares U.S. Energy ETF $IYE Shares Sold by Retirement Planning Group LLC

Retirement Planning Group LLC cut its holdings in iShares U.S. Energy ETF (NYSEARCA:IYE) by 99.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,959 shares of the company’s stock after selling 1,104,203 shares during the quarter. Retirement Planning Group LLC’s holdings in iShares U.S. Energy ETF were worth $645,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Trilogy Capital Inc. grew its holdings in iShares U.S. Energy ETF by 4.2% during the 2nd quarter. Trilogy Capital Inc. now owns 4,386 shares of the company’s stock worth $248,000 after acquiring an additional 177 shares in the last quarter. Northwest Wealth Advisors LLC raised its holdings in shares of iShares U.S. Energy ETF by 2.8% in the 1st quarter. Northwest Wealth Advisors LLC now owns 11,996 shares of the company’s stock valued at $777,000 after purchasing an additional 329 shares in the last quarter. Adirondack Capital Advisors LLC raised its holdings in shares of iShares U.S. Energy ETF by 6.3% in the 2nd quarter. Adirondack Capital Advisors LLC now owns 6,060 shares of the company’s stock valued at $343,000 after purchasing an additional 360 shares in the last quarter. RMG Wealth Management LLC bought a new stake in shares of iShares U.S. Energy ETF in the 1st quarter valued at about $25,000. Finally, Symphony Financial Services Inc. lifted its position in shares of iShares U.S. Energy ETF by 6.8% in the 1st quarter. Symphony Financial Services Inc. now owns 7,929 shares of the company’s stock worth $514,000 after purchasing an additional 502 shares during the period. 52.46% of the stock is currently owned by institutional investors.

iShares U.S. Energy ETF Stock Performance

Shares of IYE opened at $71.66 on Thursday. The company has a 50 day moving average price of $67.62 and a 200-day moving average price of $63.11. iShares U.S. Energy ETF has a fifty-two week low of $45.95 and a fifty-two week high of $72.18. The stock has a market capitalization of $1.81 billion, a PE ratio of 15.53 and a beta of 0.51.

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