Waterloo Capital L.P. Has $1.72 Million Stake in iShares U.S. Energy ETF (NYSEARCA:IYE)

Waterloo Capital L.P. reduced its position in iShares U.S. Energy ETF (NYSEARCA:IYE) by 4.4% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 35,886 shares of the company’s stock after selling 1,645 shares during the period. Waterloo Capital L.P. owned 0.13% of iShares U.S. Energy ETF worth $1,723,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. J.W. Cole Advisors Inc. boosted its position in shares of iShares U.S. Energy ETF by 3.1% during the second quarter. J.W. Cole Advisors Inc. now owns 37,110 shares of the company’s stock worth $1,781,000 after buying an additional 1,108 shares during the period. Envestnet Asset Management Inc. grew its position in iShares U.S. Energy ETF by 2.2% during the second quarter. Envestnet Asset Management Inc. now owns 174,967 shares of the company’s stock worth $8,398,000 after buying an additional 3,821 shares in the last quarter. HHM Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Energy ETF in the 2nd quarter valued at $41,000. Choreo LLC acquired a new stake in shares of iShares U.S. Energy ETF during the 2nd quarter valued at $229,000. Finally, Counterweight Ventures LLC boosted its holdings in shares of iShares U.S. Energy ETF by 4.1% during the 2nd quarter. Counterweight Ventures LLC now owns 48,730 shares of the company’s stock valued at $2,339,000 after acquiring an additional 1,907 shares in the last quarter.

iShares U.S. Energy ETF Stock Up 1.4 %

Shares of NYSEARCA:IYE opened at $46.27 on Wednesday. The business has a fifty day simple moving average of $47.18 and a 200 day simple moving average of $47.99. iShares U.S. Energy ETF has a 12-month low of $41.46 and a 12-month high of $51.70. The firm has a market cap of $1.27 billion, a P/E ratio of 8.60 and a beta of 0.54.

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.