Crestwood Advisors Group LLC Has $10.87 Million Position in iShares U.S. Energy ETF (NYSEARCA:IYE)

Crestwood Advisors Group LLC cut its holdings in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 3.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 234,637 shares of the company’s stock after selling 7,589 shares during the quarter. Crestwood Advisors Group LLC’s holdings in iShares U.S. Energy ETF were worth $10,873,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in IYE. Mitchell Mcleod Pugh & Williams Inc. increased its position in shares of iShares U.S. Energy ETF by 5.5% during the second quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 6,027 shares of the company’s stock worth $289,000 after buying an additional 312 shares during the period. Kingsview Wealth Management LLC acquired a new position in shares of iShares U.S. Energy ETF in the 1st quarter valued at about $2,636,000. B. Riley Wealth Advisors Inc. boosted its position in shares of iShares U.S. Energy ETF by 9.4% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 15,890 shares of the company’s stock valued at $759,000 after purchasing an additional 1,363 shares in the last quarter. International Assets Investment Management LLC acquired a new position in iShares U.S. Energy ETF in the second quarter valued at approximately $114,000. Finally, Private Advisor Group LLC increased its stake in shares of iShares U.S. Energy ETF by 15.1% in the 3rd quarter. Private Advisor Group LLC now owns 28,313 shares of the company’s stock valued at $1,312,000 after acquiring an additional 3,722 shares in the last quarter.

iShares U.S. Energy ETF Stock Performance

Shares of NYSEARCA IYE traded up $0.19 during trading on Tuesday, hitting $47.36. 13,794 shares of the company traded hands, compared to its average volume of 405,085. iShares U.S. Energy ETF has a fifty-two week low of $41.46 and a fifty-two week high of $51.70. The business’s fifty day moving average is $46.94 and its 200 day moving average is $47.66. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 8.60 and a beta of 0.54.

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.