Moors & Cabot Inc. Has $328,000 Position in iShares U.S. Energy ETF (NYSEARCA:IYE)

Moors & Cabot Inc. lessened its holdings in iShares U.S. Energy ETF (NYSEARCA:IYE) by 21.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,830 shares of the company’s stock after selling 1,915 shares during the quarter. Moors & Cabot Inc.’s holdings in iShares U.S. Energy ETF were worth $328,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Fifth Third Bancorp lifted its stake in shares of iShares U.S. Energy ETF by 97.7% in the 2nd quarter. Fifth Third Bancorp now owns 613 shares of the company’s stock valued at $29,000 after acquiring an additional 303 shares during the last quarter. Beacon Capital Management LLC raised its position in iShares U.S. Energy ETF by 1,848.4% in the first quarter. Beacon Capital Management LLC now owns 604 shares of the company’s stock valued at $30,000 after purchasing an additional 573 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of iShares U.S. Energy ETF by 187.4% during the fourth quarter. EverSource Wealth Advisors LLC now owns 914 shares of the company’s stock valued at $40,000 after purchasing an additional 596 shares in the last quarter. HHM Wealth Advisors LLC bought a new stake in shares of iShares U.S. Energy ETF during the second quarter worth about $41,000. Finally, Larson Financial Group LLC increased its position in iShares U.S. Energy ETF by 6,120.0% in the 2nd quarter. Larson Financial Group LLC now owns 933 shares of the company’s stock valued at $45,000 after acquiring an additional 918 shares during the period.

iShares U.S. Energy ETF Stock Down 0.2 %

Shares of NYSEARCA:IYE opened at $46.83 on Friday. The firm has a market cap of $1.29 billion, a P/E ratio of 8.60 and a beta of 0.54. The business has a fifty day simple moving average of $47.12 and a 200 day simple moving average of $47.98. iShares U.S. Energy ETF has a 12-month low of $41.46 and a 12-month high of $51.70.

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.