iShares U.S. Energy ETF (NYSEARCA:IYE) Shares Sold by Sunbelt Securities Inc.

Sunbelt Securities Inc. decreased its holdings in iShares U.S. Energy ETF (NYSEARCA:IYE) by 2.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 32,452 shares of the company’s stock after selling 972 shares during the quarter. Sunbelt Securities Inc.’s holdings in iShares U.S. Energy ETF were worth $1,558,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. raised its holdings in iShares U.S. Energy ETF by 2.2% in the second quarter. Envestnet Asset Management Inc. now owns 174,967 shares of the company’s stock valued at $8,398,000 after acquiring an additional 3,821 shares in the last quarter. Cetera Investment Advisers raised its holdings in iShares U.S. Energy ETF by 798.5% during the first quarter. Cetera Investment Advisers now owns 171,614 shares of the company’s stock worth $8,478,000 after purchasing an additional 152,513 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of iShares U.S. Energy ETF by 0.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 144,693 shares of the company’s stock valued at $6,945,000 after acquiring an additional 667 shares during the period. AMG National Trust Bank increased its holdings in shares of 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 acquiring an additional 3,407 shares during the period. Finally, Bellwether Advisors LLC grew its position in iShares U.S. Energy ETF by 5.0% in the 2nd quarter. Bellwether Advisors LLC now owns 112,732 shares of the company’s stock valued at $5,411,000 after buying an additional 5,340 shares during the last quarter.

iShares U.S. Energy ETF Price Performance

NYSEARCA:IYE opened at $46.34 on Tuesday. The firm has a market cap of $1.27 billion, a price-to-earnings 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 firm’s fifty day moving average price is $46.84 and its 200 day moving average price is $48.00.

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.