Fmr LLC Has $254,000 Stake in iShares U.S. Energy ETF (NYSEARCA:IYE)

Fmr LLC reduced its holdings in iShares U.S. Energy ETF (NYSEARCA:IYE) by 9.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 5,477 shares of the company’s stock after selling 584 shares during the quarter. Fmr LLC’s holdings in iShares U.S. Energy ETF were worth $254,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in IYE. Fifth Third Bancorp raised its position in shares of iShares U.S. Energy ETF by 97.7% during the second quarter. Fifth Third Bancorp now owns 613 shares of the company’s stock valued at $29,000 after buying an additional 303 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of iShares U.S. Energy ETF by 198.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 671 shares of the company’s stock worth $33,000 after purchasing an additional 446 shares in the last quarter. Financial Management Professionals Inc. increased its position in shares of iShares U.S. Energy ETF by 345.4% during the third quarter. Financial Management Professionals Inc. now owns 824 shares of the company’s stock valued at $38,000 after purchasing an additional 639 shares during the period. HHM Wealth Advisors LLC acquired a new position in shares of iShares U.S. Energy ETF in the second quarter valued at $41,000. Finally, Larson Financial Group LLC lifted its position in iShares U.S. Energy ETF by 6,120.0% in the second quarter. Larson Financial Group LLC now owns 933 shares of the company’s stock worth $45,000 after purchasing an additional 918 shares during the period.

iShares U.S. Energy ETF Price Performance

IYE opened at $44.41 on Friday. iShares U.S. Energy ETF has a fifty-two week low of $41.46 and a fifty-two week high of $51.70. The company has a market capitalization of $1.22 billion, a P/E ratio of 8.60 and a beta of 0.54. The firm’s fifty day moving average price is $48.25 and its two-hundred day moving average price is $47.62.

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.