iShares U.S. Energy ETF (NYSEARCA:IYE) Shares Sold by SPC Financial Inc.

SPC Financial Inc. lessened its holdings in iShares U.S. Energy ETF (NYSEARCA:IYEFree Report) by 7.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 12,853 shares of the company’s stock after selling 1,015 shares during the quarter. SPC Financial Inc.’s holdings in iShares U.S. Energy ETF were worth $635,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sound Income Strategies LLC boosted its position in iShares U.S. Energy ETF by 84,100.0% in the 4th quarter. Sound Income Strategies LLC now owns 842 shares of the company’s stock valued at $37,000 after buying an additional 841 shares during the period. EverSource Wealth Advisors LLC boosted its position in iShares U.S. Energy ETF by 187.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 914 shares of the company’s stock valued at $40,000 after buying an additional 596 shares during the period. Atlantic Edge Private Wealth Management LLC purchased a new stake in shares of iShares U.S. Energy ETF during the 4th quarter worth $50,000. Planned Solutions Inc. purchased a new stake in shares of iShares U.S. Energy ETF during the 4th quarter worth $53,000. Finally, Trust Co. of Vermont purchased a new stake in shares of iShares U.S. Energy ETF during the 3rd quarter worth $56,000.

iShares U.S. Energy ETF Price Performance

Shares of iShares U.S. Energy ETF stock traded up $0.57 during trading on Thursday, hitting $47.72. 303,440 shares of the stock were exchanged, compared to its average volume of 503,369. The stock has a market cap of $1.31 billion, a price-to-earnings ratio of 8.60 and a beta of 0.54. The firm’s 50-day moving average price is $48.01 and its 200 day moving average price is $46.86. iShares U.S. Energy ETF has a 12-month low of $41.46 and a 12-month high of $51.70.

About iShares U.S. Energy ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares U.S. Energy ETF (NYSEARCA:IYE)

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