Goodman Advisory Group LLC Reduces Stake in iShares U.S. Energy ETF (NYSEARCA:IYE)

Goodman Advisory Group LLC trimmed its position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 43.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 15,002 shares of the company’s stock after selling 11,680 shares during the quarter. Goodman Advisory Group LLC’s holdings in iShares U.S. Energy ETF were worth $695,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. MML Investors Services LLC boosted its stake in shares of iShares U.S. Energy ETF by 32.8% during the third quarter. MML Investors Services LLC now owns 53,548 shares of the company’s stock valued at $2,481,000 after acquiring an additional 13,240 shares during the last quarter. EP Wealth Advisors LLC lifted its holdings in iShares U.S. Energy ETF by 29.3% in the 3rd quarter. EP Wealth Advisors LLC now owns 3,365 shares of the company’s stock valued at $156,000 after purchasing an additional 763 shares in the last quarter. Quantinno Capital Management LP boosted its stake in shares of iShares U.S. Energy ETF by 50.7% during the 3rd quarter. Quantinno Capital Management LP now owns 8,389 shares of the company’s stock worth $389,000 after purchasing an additional 2,822 shares during the last quarter. IHT Wealth Management LLC grew its holdings in shares of iShares U.S. Energy ETF by 2.4% during the third quarter. IHT Wealth Management LLC now owns 30,729 shares of the company’s stock worth $1,457,000 after buying an additional 728 shares in the last quarter. Finally, Integrated Wealth Concepts LLC raised its position in shares of iShares U.S. Energy ETF by 11.4% in the third quarter. Integrated Wealth Concepts LLC now owns 29,821 shares of the company’s stock valued at $1,382,000 after buying an additional 3,053 shares during the last quarter.

iShares U.S. Energy ETF Stock Performance

Shares of IYE opened at $48.15 on Tuesday. iShares U.S. Energy ETF has a 1 year low of $41.46 and a 1 year high of $51.70. The company’s 50 day simple moving average is $48.65 and its 200 day simple moving average is $47.75. The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of 8.60 and a beta of 0.54.

About iShares U.S. Energy ETF

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.