Financial Partners Group Inc Has $508,000 Stake in iShares U.S. Energy ETF (NYSEARCA:IYE)

Financial Partners Group Inc lowered its holdings in iShares U.S. Energy ETF (NYSEARCA:IYE) by 12.3% in the fourth quarter, Holdings Channel reports. The firm owned 11,148 shares of the company’s stock after selling 1,563 shares during the quarter. Financial Partners Group Inc’s holdings in iShares U.S. Energy ETF were worth $508,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. grew its holdings in shares of iShares U.S. Energy ETF by 345.4% in the 3rd quarter. Financial Management Professionals Inc. now owns 824 shares of the company’s stock valued at $38,000 after acquiring an additional 639 shares in the last quarter. Ritter Daniher Financial Advisory LLC DE bought a new position in iShares U.S. Energy ETF in the third quarter valued at approximately $49,000. Brown Brothers Harriman & Co. bought a new position in iShares U.S. Energy ETF in the third quarter valued at approximately $60,000. Icon Wealth Advisors LLC increased its position in shares of iShares U.S. Energy ETF by 15.5% during the 3rd quarter. Icon Wealth Advisors LLC now owns 3,069 shares of the company’s stock worth $142,000 after purchasing an additional 412 shares during the last quarter. Finally, EP Wealth Advisors LLC raised its stake in shares of iShares U.S. Energy ETF by 29.3% during the 3rd quarter. EP Wealth Advisors LLC now owns 3,365 shares of the company’s stock worth $156,000 after purchasing an additional 763 shares in the last quarter.

iShares U.S. Energy ETF Trading Down 2.7 %

NYSEARCA:IYE opened at $46.46 on Monday. The stock has a market capitalization of $1.28 billion, a PE ratio of 8.60 and a beta of 0.54. iShares U.S. Energy ETF has a 1-year low of $42.99 and a 1-year high of $51.70. The firm has a fifty day simple moving average of $47.53 and a 200 day simple moving average of $47.55.

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.