Rockland Trust Co. Sells 590 Shares of iShares U.S. Energy ETF (NYSEARCA:IYE)

Rockland Trust Co. lessened its holdings in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 2.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,417 shares of the company’s stock after selling 590 shares during the period. Rockland Trust Co. owned 0.09% of iShares U.S. Energy ETF worth $1,204,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of IYE. Detalus Advisors LLC boosted its stake in iShares U.S. Energy ETF by 1.7% in the 4th quarter. Detalus Advisors LLC now owns 15,068 shares of the company’s stock worth $687,000 after purchasing an additional 247 shares in the last quarter. Retirement Planning Group LLC boosted its stake in iShares U.S. Energy ETF by 3.9% in the 4th quarter. Retirement Planning Group LLC now owns 7,047 shares of the company’s stock worth $321,000 after purchasing an additional 263 shares in the last quarter. Cerity Partners LLC boosted its stake in iShares U.S. Energy ETF by 2.5% in the 4th quarter. Cerity Partners LLC now owns 11,198 shares of the company’s stock worth $510,000 after purchasing an additional 276 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its stake in iShares U.S. Energy ETF by 32.0% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,188 shares of the company’s stock worth $54,000 after purchasing an additional 288 shares in the last quarter. Finally, Wealthspire Advisors LLC boosted its stake in iShares U.S. Energy ETF by 3.9% in the 4th quarter. Wealthspire Advisors LLC now owns 7,724 shares of the company’s stock worth $352,000 after purchasing an additional 290 shares in the last quarter.

iShares U.S. Energy ETF Price Performance

Shares of iShares U.S. Energy ETF stock opened at $46.89 on Friday. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of 13.94 and a beta of 0.80. The firm’s 50-day moving average is $43.66 and its 200 day moving average is $46.05. iShares U.S. Energy ETF has a 1 year low of $39.35 and a 1 year high of $51.61.

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.