iShares U.S. Energy ETF (NYSEARCA:IYE) Shares Sold by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. lowered its position in iShares U.S. Energy ETF (NYSEARCA:IYE) by 16.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,727 shares of the company’s stock after selling 1,485 shares during the quarter. Avantax Advisory Services Inc.’s holdings in iShares U.S. Energy ETF were worth $352,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its position in iShares U.S. Energy ETF by 5.8% in the third quarter. JPMorgan Chase & Co. now owns 273,453 shares of the company’s stock valued at $12,672,000 after acquiring an additional 15,059 shares during the last quarter. Raymond James Financial Inc. acquired a new position in iShares U.S. Energy ETF in the 4th quarter valued at $10,204,000. KM Capital Management Ltd. lifted its position in iShares U.S. Energy ETF by 71.0% in the fourth quarter. KM Capital Management Ltd. now owns 66,210 shares of the company’s stock valued at $3,017,000 after purchasing an additional 27,501 shares during the period. HighTower Advisors LLC grew its holdings in iShares U.S. Energy ETF by 22.4% during the fourth quarter. HighTower Advisors LLC now owns 55,138 shares of the company’s stock worth $2,513,000 after acquiring an additional 10,095 shares during the period. Finally, Dynasty Wealth Management LLC purchased a new stake in iShares U.S. Energy ETF during the fourth quarter worth about $2,482,000.

iShares U.S. Energy ETF Stock Performance

Shares of IYE stock opened at $49.00 on Tuesday. The stock has a market cap of $1.32 billion, a PE ratio of 14.66 and a beta of 1.25. iShares U.S. Energy ETF has a 1 year low of $43.71 and a 1 year high of $51.70. The stock has a fifty day moving average price of $47.68 and a 200 day moving average price of $47.52.

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.