Prospera Financial Services Inc Decreases Position in iShares U.S. Energy ETF $IYE

Prospera Financial Services Inc lowered its holdings in iShares U.S. Energy ETF (NYSEARCA:IYE) by 64.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 21,203 shares of the company’s stock after selling 38,784 shares during the period. Prospera Financial Services Inc’s holdings in iShares U.S. Energy ETF were worth $1,008,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Westfuller Advisors LLC purchased a new stake in shares of iShares U.S. Energy ETF in the 3rd quarter worth approximately $28,000. Capital Investment Advisory Services LLC boosted its stake in shares of iShares U.S. Energy ETF by 253.3% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 954 shares of the company’s stock worth $45,000 after buying an additional 684 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in shares of iShares U.S. Energy ETF during the 2nd quarter valued at about $45,000. Headlands Technologies LLC purchased a new position in shares of iShares U.S. Energy ETF during the 2nd quarter worth $49,000. Finally, Geneos Wealth Management Inc. grew its holdings in iShares U.S. Energy ETF by 173.9% during the second quarter. Geneos Wealth Management Inc. now owns 1,575 shares of the company’s stock valued at $71,000 after purchasing an additional 1,000 shares during the period. Hedge funds and other institutional investors own 52.46% of the company’s stock.

iShares U.S. Energy ETF Stock Up 0.8%

NYSEARCA IYE opened at $57.41 on Friday. iShares U.S. Energy ETF has a twelve month low of $39.35 and a twelve month high of $58.30. The business has a 50-day moving average price of $50.59 and a 200-day moving average price of $48.24. The firm has a market cap of $1.40 billion, a price-to-earnings ratio of 15.53 and a beta of 0.78.

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