Mayflower Financial Advisors LLC Has $365,000 Stock Holdings in iShares U.S. Energy ETF (NYSEARCA:IYE)

Mayflower Financial Advisors LLC cut its position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 8.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,594 shares of the company’s stock after selling 682 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in iShares U.S. Energy ETF were worth $365,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in IYE. Rosenberg Matthew Hamilton lifted its stake in iShares U.S. Energy ETF by 3.1% during the second quarter. Rosenberg Matthew Hamilton now owns 8,005 shares of the company’s stock worth $384,000 after purchasing an additional 243 shares during the period. Triumph Capital Management lifted its stake in iShares U.S. Energy ETF by 1.9% during the first quarter. Triumph Capital Management now owns 13,523 shares of the company’s stock worth $672,000 after purchasing an additional 248 shares during the period. Arkadios Wealth Advisors lifted its stake in iShares U.S. Energy ETF by 3.6% during the first quarter. Arkadios Wealth Advisors now owns 7,151 shares of the company’s stock worth $353,000 after purchasing an additional 251 shares during the period. Ameritas Advisory Services LLC lifted its stake in iShares U.S. Energy ETF by 3.6% during the second quarter. Ameritas Advisory Services LLC now owns 7,676 shares of the company’s stock worth $368,000 after purchasing an additional 266 shares during the period. Finally, Fifth Third Bancorp lifted its stake in iShares U.S. Energy ETF by 97.7% during the second quarter. Fifth Third Bancorp now owns 613 shares of the company’s stock worth $29,000 after purchasing an additional 303 shares during the period.

iShares U.S. Energy ETF Stock Down 0.7 %

Shares of IYE opened at $45.79 on Friday. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of 8.60 and a beta of 0.54. iShares U.S. Energy ETF has a 12 month low of $41.46 and a 12 month high of $51.70. The company has a 50-day moving average price of $47.58 and a two-hundred day moving average price of $47.93.

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.