SC&H Financial Advisors Inc. Cuts Stake in iShares U.S. Energy ETF $IYE

SC&H Financial Advisors Inc. lessened its position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 5.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,335 shares of the company’s stock after selling 318 shares during the period. SC&H Financial Advisors Inc.’s holdings in iShares U.S. Energy ETF were worth $241,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. PGIM Custom Harvest LLC raised its position in iShares U.S. Energy ETF by 2.3% during the 1st quarter. PGIM Custom Harvest LLC now owns 1,486,973 shares of the company’s stock worth $73,308,000 after buying an additional 33,368 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of iShares U.S. Energy ETF by 4.9% in the 1st quarter. Royal Bank of Canada now owns 367,478 shares of the company’s stock valued at $18,116,000 after purchasing an additional 17,249 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of iShares U.S. Energy ETF by 8.3% in the 1st quarter. Cetera Investment Advisers now owns 185,521 shares of the company’s stock valued at $9,146,000 after purchasing an additional 14,166 shares in the last quarter. Summit Financial Consulting LLC increased its holdings in shares of iShares U.S. Energy ETF by 15.3% in the 2nd quarter. Summit Financial Consulting LLC now owns 129,917 shares of the company’s stock valued at $5,875,000 after purchasing an additional 17,206 shares in the last quarter. Finally, Kestra Advisory Services LLC increased its holdings in iShares U.S. Energy ETF by 116.3% during the 1st quarter. Kestra Advisory Services LLC now owns 111,394 shares of the company’s stock valued at $5,492,000 after acquiring an additional 59,903 shares in the last quarter. Institutional investors and hedge funds own 52.46% of the company’s stock.

iShares U.S. Energy ETF Price Performance

iShares U.S. Energy ETF stock opened at $48.91 on Friday. The firm’s 50-day moving average is $46.58 and its two-hundred day moving average is $45.59. iShares U.S. Energy ETF has a 12-month low of $39.35 and a 12-month high of $51.61. The stock has a market capitalization of $1.24 billion, a P/E ratio of 15.53 and a beta of 1.37.

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.