B. Riley Wealth Advisors Inc. Cuts Holdings in iShares U.S. Energy ETF (NYSEARCA:IYE)

B. Riley Wealth Advisors Inc. lowered its position in iShares U.S. Energy ETF (NYSEARCA:IYE) by 15.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,307 shares of the company’s stock after selling 2,005 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in iShares U.S. Energy ETF were worth $540,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Ironwood Wealth Management LLC. grew its stake in iShares U.S. Energy ETF by 3.0% during the second quarter. Ironwood Wealth Management LLC. now owns 15,588 shares of the company’s stock worth $748,000 after buying an additional 459 shares during the period. Fifth Third Bancorp boosted its position in iShares U.S. Energy ETF by 97.7% during the 2nd quarter. Fifth Third Bancorp now owns 613 shares of the company’s stock worth $29,000 after purchasing an additional 303 shares during the period. AMG National Trust Bank increased its holdings in iShares U.S. Energy ETF by 2.4% in the 2nd quarter. AMG National Trust Bank now owns 142,787 shares of the company’s stock valued at $6,854,000 after purchasing an additional 3,407 shares in the last quarter. First Heartland Consultants Inc. raised its position in iShares U.S. Energy ETF by 22.1% in the second quarter. First Heartland Consultants Inc. now owns 25,088 shares of the company’s stock valued at $1,204,000 after purchasing an additional 4,548 shares during the period. Finally, Cambridge Investment Research Advisors Inc. lifted its stake in shares of iShares U.S. Energy ETF by 5.9% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 74,684 shares of the company’s stock worth $3,585,000 after purchasing an additional 4,172 shares in the last quarter.

iShares U.S. Energy ETF Stock Performance

IYE stock opened at $43.93 on Friday. The firm has a market cap of $1.21 billion, a P/E ratio of 8.60 and a beta of 0.54. iShares U.S. Energy ETF has a 1 year low of $41.46 and a 1 year high of $51.70. The stock has a 50-day simple moving average of $48.34 and a 200-day simple moving average of $47.65.

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.