Raymond James & Associates reduces position in iShares US Energy ETF (NYSEARCA:IYE)

Raymond James & Associates decreased its position in shares of iShares US Energy ETF (NYSEARCA:IYE – Free Report ) by 2.1% during the second quarter, Holdings Channel.com reports. The firm owned 82,105 shares of the company’s stock after selling 1,745 shares during the period. Raymond James & Associates’ holdings in iShares US Energy ETF were worth $3,941,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Beacon Capital Management LLC boosted its stake in iShares US Energy ETF by 1,848.4% in the first quarter. Beacon Capital Management LLC now owns 604 shares of the company’s stock worth $30,000 after buying an additional 573 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in iShares US Energy ETF by 187.4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 914 shares of the company’s stock worth $40,000 after buying an additional 596 shares. shares in the last quarter. Atlantic Edge Private Wealth Management LLC acquired a new position in shares of iShares US Energy ETF in the fourth quarter valued at about $50,000. Vermillion & White Wealth Management Group LLC purchased a new stake in shares of iShares US Energy ETF in the fourth quarter valued at about $58,000. Finally, US Global Investors Inc. acquired a new stake in shares of iShares US Energy ETF in the first quarter worth approximately $84,000.

The iShares US Energy ETF stock rose 0.3%

Shares of NYSEARCA IYE opened at $48.04 on Friday. The firm has a 50-day simple moving average of $47.68 and a 200-day simple moving average of $47.86. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of 8.60 and a beta of 0.54. iShares US Energy ETF has a 52-week low of $41.46 and a 52-week high of $51.70.

Company Profile for iShares US Energy ETF

(Free report)

iShares US Energy ETF (the Fund), formerly iShares Dow Jones US Energy Sector Index Fund, is an exchange traded fund (ETF). The Fund seeks investment results that generally correspond to the price and return performance of the Dow Jones US Oil & Gas Index (the Index). The index measures the performance of the oil and gas sector in the United States stock market and includes companies in industry groups such as oil and gas producers and oil equipment, services and distribution.

See Also

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