iShares U.S. Energy ETF $IYE Position Trimmed by Retirement Planning Group LLC

Retirement Planning Group LLC lowered its position in iShares U.S. Energy ETF (NYSEARCA:IYE) by 99.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,959 shares of the company’s stock after selling 1,104,203 shares during the quarter. Retirement Planning Group LLC’s holdings in iShares U.S. Energy ETF were worth $645,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in IYE. RMG Wealth Management LLC purchased a new position in shares of iShares U.S. Energy ETF during the 1st quarter worth about $25,000. GKV Capital Management Co. Inc. bought a new position in iShares U.S. Energy ETF during the 1st quarter valued at about $49,000. NBT Bank N A NY grew its holdings in iShares U.S. Energy ETF by 1,647.9% during the 1st quarter. NBT Bank N A NY now owns 839 shares of the company’s stock valued at $54,000 after purchasing an additional 791 shares during the last quarter. Highland Investment Advisors LLC purchased a new stake in iShares U.S. Energy ETF in the 2nd quarter worth about $81,000. Finally, Global Assets Advisory LLC purchased a new stake in iShares U.S. Energy ETF in the 1st quarter worth about $88,000. Institutional investors own 52.46% of the company’s stock.

iShares U.S. Energy ETF Price Performance

iShares U.S. Energy ETF stock opened at $71.66 on Thursday. The firm has a market capitalization of $1.81 billion, a P/E ratio of 15.53 and a beta of 0.51. iShares U.S. Energy ETF has a 1-year low of $45.95 and a 1-year high of $72.18. The company’s 50-day moving average is $67.62 and its 200 day moving average is $63.11.

iShares U.S. Energy ETF 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.