iShares U.S. Energy ETF (NYSEARCA:IYE) Position Boosted by Mayflower Financial Advisors LLC

Mayflower Financial Advisors LLC raised its position in shares of iShares U.S. Energy ETF (NYSEARCA:IYEFree Report) by 78.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,853 shares of the company’s stock after buying an additional 5,229 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in iShares U.S. Energy ETF were worth $523,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Valmark Advisers Inc. raised its position in shares of iShares U.S. Energy ETF by 5.2% in the third quarter. Valmark Advisers Inc. now owns 5,288 shares of the company’s stock valued at $251,000 after purchasing an additional 259 shares during the period. Kestra Private Wealth Services LLC increased its position in iShares U.S. Energy ETF by 4.6% during the third quarter. Kestra Private Wealth Services LLC now owns 7,587 shares of the company’s stock worth $360,000 after acquiring an additional 332 shares during the period. Stifel Financial Corp increased its position in iShares U.S. Energy ETF by 0.4% during the third quarter. Stifel Financial Corp now owns 89,256 shares of the company’s stock worth $4,233,000 after acquiring an additional 349 shares during the period. AE Wealth Management LLC boosted its stake in iShares U.S. Energy ETF by 2.2% during the third quarter. AE Wealth Management LLC now owns 17,222 shares of the company’s stock worth $817,000 after buying an additional 365 shares in the last quarter. Finally, FMR LLC boosted its stake in iShares U.S. Energy ETF by 10.4% during the third quarter. FMR LLC now owns 4,624 shares of the company’s stock worth $219,000 after buying an additional 436 shares in the last quarter.

iShares U.S. Energy ETF Price Performance

IYE stock opened at $49.40 on Monday. iShares U.S. Energy ETF has a fifty-two week low of $40.24 and a fifty-two week high of $49.45. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 17.07 and a beta of 1.37. The business’s fifty day moving average price is $45.49 and its two-hundred day moving average price is $45.23.

iShares U.S. Energy ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares U.S. Energy ETF (NYSEARCA:IYE)

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