Goodwin Investment Advisory Sells 3,454 Shares of iShares U.S. Energy ETF (NYSEARCA:IYE)

Goodwin Investment Advisory decreased its holdings in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 55.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,831 shares of the company’s stock after selling 3,454 shares during the period. Goodwin Investment Advisory’s holdings in iShares U.S. Energy ETF were worth $125,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Bank of New York Mellon Corp increased its position in iShares U.S. Energy ETF by 7.3% during the first quarter. Bank of New York Mellon Corp now owns 544,885 shares of the company’s stock worth $22,297,000 after buying an additional 36,936 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in iShares U.S. Energy ETF by 34.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 9,388 shares of the company’s stock worth $384,000 after purchasing an additional 2,398 shares during the last quarter. Raymond James Trust N.A. bought a new stake in iShares U.S. Energy ETF during the first quarter worth approximately $317,000. Cibc World Market Inc. boosted its position in iShares U.S. Energy ETF by 17.0% during the first quarter. Cibc World Market Inc. now owns 110,032 shares of the company’s stock worth $4,503,000 after purchasing an additional 15,994 shares during the period. Finally, Blair William & Co. IL grew its holdings in iShares U.S. Energy ETF by 31.5% during the first quarter. Blair William & Co. IL now owns 7,019 shares of the company’s stock valued at $287,000 after purchasing an additional 1,683 shares during the last quarter.

iShares U.S. Energy ETF Stock Performance

Shares of iShares U.S. Energy ETF stock traded down $0.12 on Wednesday, reaching $49.16. The stock had a trading volume of 785,459 shares, compared to its average volume of 544,444. The business’s 50-day moving average price is $47.17 and its two-hundred day moving average price is $45.43. The stock has a market cap of $1.35 billion, a P/E ratio of 8.84 and a beta of 0.54. iShares U.S. Energy ETF has a fifty-two week low of $40.24 and a fifty-two week high of $51.70.

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.