iShares U.S. Energy ETF $IYE Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers decreased its position in iShares U.S. Energy ETF (NYSEARCA:IYE) by 27.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 135,404 shares of the company’s stock after selling 50,117 shares during the period. Cetera Investment Advisers owned approximately 0.53% of iShares U.S. Energy ETF worth $6,123,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Creative Planning boosted its position in shares of iShares U.S. Energy ETF by 2.3% during the second quarter. Creative Planning now owns 27,981 shares of the company’s stock worth $1,265,000 after buying an additional 627 shares during the period. Prospera Financial Services Inc raised its stake in iShares U.S. Energy ETF by 2.8% during the 2nd quarter. Prospera Financial Services Inc now owns 59,987 shares of the company’s stock valued at $2,713,000 after acquiring an additional 1,657 shares in the last quarter. Bank of Montreal Can raised its stake in iShares U.S. Energy ETF by 131.5% during the 2nd quarter. Bank of Montreal Can now owns 8,486 shares of the company’s stock valued at $384,000 after acquiring an additional 4,820 shares in the last quarter. Atria Investments Inc boosted its position in iShares U.S. Energy ETF by 10.3% during the 2nd quarter. Atria Investments Inc now owns 12,500 shares of the company’s stock worth $565,000 after acquiring an additional 1,172 shares during the period. Finally, Arkadios Wealth Advisors boosted its position in iShares U.S. Energy ETF by 8.6% during the 2nd quarter. Arkadios Wealth Advisors now owns 12,658 shares of the company’s stock worth $572,000 after acquiring an additional 1,004 shares during the period. Institutional investors own 52.46% of the company’s stock.

iShares U.S. Energy ETF Stock Performance

NYSEARCA:IYE opened at $47.49 on Monday. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of 15.53 and a beta of 0.78. iShares U.S. Energy ETF has a 1 year low of $39.35 and a 1 year high of $51.61. The business has a fifty day moving average of $47.16 and a 200-day moving average of $46.24.

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.