Chicago Partners Investment Group LLC Cuts Holdings in iShares U.S. Energy ETF $IYE

Chicago Partners Investment Group LLC trimmed its holdings in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 3.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,538 shares of the company’s stock after selling 255 shares during the period. Chicago Partners Investment Group LLC’s holdings in iShares U.S. Energy ETF were worth $301,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Signature Estate & Investment Advisors LLC raised its stake in shares of iShares U.S. Energy ETF by 16.8% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 13,449 shares of the company’s stock worth $608,000 after buying an additional 1,937 shares in the last quarter. Mutual Advisors LLC raised its stake in shares of iShares U.S. Energy ETF by 4.7% during the 2nd quarter. Mutual Advisors LLC now owns 23,597 shares of the company’s stock worth $1,091,000 after buying an additional 1,070 shares in the last quarter. Concurrent Investment Advisors LLC raised its stake in shares of iShares U.S. Energy ETF by 19.3% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 5,280 shares of the company’s stock worth $239,000 after buying an additional 854 shares in the last quarter. Blue Trust Inc. raised its stake in shares of iShares U.S. Energy ETF by 1.9% during the 2nd quarter. Blue Trust Inc. now owns 13,964 shares of the company’s stock worth $631,000 after buying an additional 259 shares in the last quarter. Finally, Wealthstar Advisors LLC raised its stake in shares of iShares U.S. Energy ETF by 7.0% during the 2nd quarter. Wealthstar Advisors LLC now owns 44,819 shares of the company’s stock worth $2,027,000 after buying an additional 2,926 shares in the last quarter. 52.46% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Energy ETF Price Performance

IYE opened at $46.81 on Friday. The stock has a market cap of $1.12 billion, a P/E ratio of 15.53 and a beta of 1.37. The stock’s 50 day simple moving average is $46.98 and its 200 day simple moving average is $45.53. iShares U.S. Energy ETF has a 1-year low of $39.35 and a 1-year high of $51.61.

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.