Mayflower Financial Advisors LLC Purchases 320 Shares of iShares U.S. Energy ETF (NYSEARCA:IYE)

Mayflower Financial Advisors LLC grew its position in iShares U.S. Energy ETF (NYSEARCA:IYE) by 4.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,941 shares of the company’s stock after buying an additional 320 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in iShares U.S. Energy ETF were worth $362,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in IYE. Ironwood Wealth Management LLC. increased its holdings in iShares U.S. Energy ETF by 3.0% during the second quarter. Ironwood Wealth Management LLC. now owns 15,588 shares of the company’s stock valued at $748,000 after buying an additional 459 shares during the period. NewEdge Advisors LLC boosted its position in iShares U.S. Energy ETF by 16.1% during the 2nd quarter. NewEdge Advisors LLC now owns 37,729 shares of the company’s stock valued at $1,811,000 after acquiring an additional 5,225 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares U.S. Energy ETF by 0.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 37,068 shares of the company’s stock valued at $1,779,000 after acquiring an additional 277 shares during the period. Sanctuary Advisors LLC bought a new position in shares of iShares U.S. Energy ETF in the 2nd quarter worth $1,946,000. Finally, Miracle Mile Advisors LLC purchased a new stake in shares of iShares U.S. Energy ETF during the 3rd quarter worth $221,000.

iShares U.S. Energy ETF Price Performance

Shares of IYE stock opened at $47.47 on Thursday. The company has a market cap of $1.31 billion, a P/E ratio of 8.60 and a beta of 0.54. The stock’s 50-day moving average is $47.76 and its 200 day moving average is $47.58. iShares U.S. Energy ETF has a 1-year low of $42.99 and a 1-year high of $51.70.

iShares U.S. Energy ETF 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.