iShares U.S. Oil Equipment & Services ETF (NYSEARCA:IEZ) is an exchange-traded fund specializing in the U.S. oil equipment and services sector. This ETF focuses on investing in stocks of companies providing equipment, services, and support for oil drilling, exploration, and production. The objective is to track the investment results of an index composed of U.S. equities in the oil equipment and services industry, offering investors exposure to domestic energy infrastructure and services. Through its holdings, iShares U.S. Oil Equipment & Services ETF aims to give investors a way to participate in the energy sector's potential growth while mitigating some of the risks associated with the industry's volatility. The fund is designed for investors seeking targeted industry exposure within the energy sector.