iShares U.S. Energy ETF (NYSEARCA:IYE) Shares Sold by Patton Albertson Miller Group LLC

Patton Albertson Miller Group LLC trimmed its stake in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 8.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,508 shares of the company’s stock after selling 1,040 shares during the period. Patton Albertson Miller Group LLC’s holdings in iShares U.S. Energy ETF were worth $508,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of IYE. International Assets Investment Management LLC lifted its stake in iShares U.S. Energy ETF by 3,280.9% during the fourth quarter. International Assets Investment Management LLC now owns 271,956 shares of the company’s stock valued at $11,999,000 after buying an additional 263,912 shares in the last quarter. Crestwood Advisors Group LLC acquired a new position in iShares U.S. Energy ETF in the 4th quarter worth approximately $11,148,000. Modera Wealth Management LLC purchased a new position in iShares U.S. Energy ETF during the 3rd quarter worth approximately $9,916,000. Bellwether Advisors LLC acquired a new stake in iShares U.S. Energy ETF during the 3rd quarter valued at $9,169,000. Finally, Robertson Stephens Wealth Management LLC purchased a new stake in shares of iShares U.S. Energy ETF in the third quarter valued at $5,038,000.

iShares U.S. Energy ETF Stock Up 1.4 %

Shares of iShares U.S. Energy ETF stock traded up $0.66 during midday trading on Thursday, hitting $49.38. The company’s stock had a trading volume of 366,124 shares, compared to its average volume of 571,150. iShares U.S. Energy ETF has a 1-year low of $40.24 and a 1-year high of $51.70. The firm has a market capitalization of $1.36 billion, a P/E ratio of 8.60 and a beta of 0.54. The stock has a 50-day simple moving average of $48.80 and a 200-day simple moving average of $45.77.

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.