Kestra Private Wealth Services LLC Decreases Stake in iShares U.S. Energy ETF (NYSEARCA:IYE)

Kestra Private Wealth Services LLC decreased its holdings in iShares U.S. Energy ETF (NYSEARCA:IYE) by 3.6% in the 4th quarter, HoldingsChannel reports. The fund owned 7,312 shares of the company’s stock after selling 275 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in iShares U.S. Energy ETF were worth $323,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in IYE. Valmark Advisers Inc. increased its stake in iShares U.S. Energy ETF by 5.2% in the 3rd quarter. Valmark Advisers Inc. now owns 5,288 shares of the company’s stock valued at $251,000 after purchasing an additional 259 shares in the last quarter. Stifel Financial Corp increased its position in shares of iShares U.S. Energy ETF by 0.4% in the third quarter. Stifel Financial Corp now owns 89,256 shares of the company’s stock valued at $4,233,000 after buying an additional 349 shares in the last quarter. TRUE Private Wealth Advisors raised its stake in shares of iShares U.S. Energy ETF by 6.6% during the 3rd quarter. TRUE Private Wealth Advisors now owns 7,864 shares of the company’s stock worth $373,000 after buying an additional 489 shares during the last quarter. Moors & Cabot Inc. boosted its position in shares of iShares U.S. Energy ETF by 8.3% in the 3rd quarter. Moors & Cabot Inc. now owns 10,070 shares of the company’s stock worth $478,000 after buying an additional 771 shares in the last quarter. Finally, Raymond James & Associates boosted its position in shares of iShares U.S. Energy ETF by 0.6% in the 4th quarter. Raymond James & Associates now owns 135,602 shares of the company’s stock worth $5,983,000 after buying an additional 801 shares in the last quarter.

iShares U.S. Energy ETF Trading Down 0.1 %

NYSEARCA:IYE opened at $48.80 on Wednesday. The company has a market capitalization of $1.34 billion, a P/E ratio of 8.60 and a beta of 0.54. The firm has a 50-day moving average price of $48.64 and a two-hundred day moving average price of $45.72. iShares U.S. Energy ETF has a twelve month low of $40.24 and a twelve month high of $51.70.

About iShares U.S. Energy ETF

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.