Commonwealth Equity Services LLC Sells 37,766 Shares of iShares U.S. Energy ETF $IYE

Commonwealth Equity Services LLC lessened its holdings in iShares U.S. Energy ETF (NYSEARCA:IYE) by 21.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 139,257 shares of the company’s stock after selling 37,766 shares during the quarter. Commonwealth Equity Services LLC owned 0.58% of iShares U.S. Energy ETF worth $6,618,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of IYE. BNP Paribas Financial Markets raised its position in shares of iShares U.S. Energy ETF by 936.5% in the second quarter. BNP Paribas Financial Markets now owns 217,548 shares of the company’s stock valued at $9,838,000 after buying an additional 196,559 shares in the last quarter. Banco Santander S.A. acquired a new position in iShares U.S. Energy ETF in the 2nd quarter valued at $8,796,000. Thrivent Financial for Lutherans lifted its position in shares of iShares U.S. Energy ETF by 126.1% during the 2nd quarter. Thrivent Financial for Lutherans now owns 123,388 shares of the company’s stock valued at $5,580,000 after acquiring an additional 68,819 shares during the period. Forte Asset Management LLC bought a new position in shares of iShares U.S. Energy ETF in the second quarter worth $2,826,000. Finally, Corient Private Wealth LLC raised its stake in iShares U.S. Energy ETF by 242.3% in the second quarter. Corient Private Wealth LLC now owns 68,249 shares of the company’s stock valued at $3,086,000 after purchasing an additional 48,308 shares in the last quarter. 52.46% of the stock is owned by institutional investors.

iShares U.S. Energy ETF Stock Up 1.4%

IYE stock opened at $49.77 on Wednesday. The company’s 50-day moving average price is $47.95 and its two-hundred day moving average price is $47.06. The firm has a market cap of $1.17 billion, a P/E ratio of 15.53 and a beta of 0.78. iShares U.S. Energy ETF has a 12 month low of $39.35 and a 12 month high of $50.22.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.