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

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

Other institutional investors and hedge funds also recently made changes to their positions in the company. DAVENPORT & Co LLC grew its stake in shares of iShares U.S. Energy ETF by 89.4% during the fourth quarter. DAVENPORT & Co LLC now owns 11,780 shares of the company’s stock worth $537,000 after purchasing an additional 5,562 shares during the period. Strategic Blueprint LLC grew its position in shares of iShares U.S. Energy ETF by 58.8% during the 4th quarter. Strategic Blueprint LLC now owns 7,316 shares of the company’s stock worth $333,000 after buying an additional 2,710 shares during the period. Mayflower Financial Advisors LLC increased its stake in shares of iShares U.S. Energy ETF by 4.2% in the 4th quarter. Mayflower Financial Advisors LLC now owns 7,941 shares of the company’s stock valued at $362,000 after acquiring an additional 320 shares during the last quarter. Watershed Private Wealth LLC acquired a new stake in shares of iShares U.S. Energy ETF in the 4th quarter valued at approximately $306,000. Finally, Griffin Asset Management Inc. boosted its stake in iShares U.S. Energy ETF by 16.6% during the 4th quarter. Griffin Asset Management Inc. now owns 8,088 shares of the company’s stock worth $369,000 after acquiring an additional 1,152 shares during the last quarter.

iShares U.S. Energy ETF Stock Performance

Shares of NYSEARCA IYE opened at $46.46 on Monday. iShares U.S. Energy ETF has a 52-week low of $42.99 and a 52-week high of $51.70. The stock has a market cap of $1.28 billion, a P/E ratio of 8.60 and a beta of 0.54. The firm has a 50 day moving average price of $47.53 and a 200 day moving average price of $47.55.

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.