Market Street Wealth Management Advisors LLC Sells 1,334 Shares of iShares U.S. Energy ETF (NYSEARCA:IYE)

Market Street Wealth Management Advisors LLC lowered its stake in iShares U.S. Energy ETF (NYSEARCA:IYE) by 17.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,223 shares of the company’s stock after selling 1,334 shares during the period. Market Street Wealth Management Advisors LLC’s holdings in iShares U.S. Energy ETF were worth $284,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its position in shares of iShares U.S. Energy ETF by 5.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 273,453 shares of the company’s stock worth $12,672,000 after purchasing an additional 15,059 shares during the period. EP Wealth Advisors LLC lifted its holdings in iShares U.S. Energy ETF by 29.3% in the third quarter. EP Wealth Advisors LLC now owns 3,365 shares of the company’s stock worth $156,000 after buying an additional 763 shares during the period. Janney Montgomery Scott LLC boosted its position in iShares U.S. Energy ETF by 0.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 60,150 shares of the company’s stock valued at $2,787,000 after acquiring an additional 486 shares in the last quarter. Private Advisor Group LLC grew its holdings in shares of iShares U.S. Energy ETF by 15.1% during the 3rd quarter. Private Advisor Group LLC now owns 28,313 shares of the company’s stock worth $1,312,000 after acquiring an additional 3,722 shares during the period. Finally, MML Investors Services LLC grew its holdings in shares of iShares U.S. Energy ETF by 32.8% during the 3rd quarter. MML Investors Services LLC now owns 53,548 shares of the company’s stock worth $2,481,000 after acquiring an additional 13,240 shares during the period.

iShares U.S. Energy ETF Stock Down 2.0 %

IYE opened at $48.65 on Thursday. iShares U.S. Energy ETF has a 52 week low of $42.12 and a 52 week high of $51.70. The stock has a market cap of $1.34 billion, a PE ratio of 8.60 and a beta of 0.54. The business has a 50 day moving average of $47.92 and a 200-day moving average of $47.55.

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.