Moors & Cabot Inc. Decreases Holdings in iShares U.S. Energy ETF (NYSEARCA:IYE)

Moors & Cabot Inc. trimmed its holdings in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 17.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,550 shares of the company’s stock after selling 980 shares during the period. Moors & Cabot Inc.’s holdings in iShares U.S. Energy ETF were worth $207,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Key Financial Inc acquired a new position in iShares U.S. Energy ETF in the 4th quarter worth $27,000. JFS Wealth Advisors LLC lifted its holdings in iShares U.S. Energy ETF by 820.8% in the 4th quarter. JFS Wealth Advisors LLC now owns 663 shares of the company’s stock worth $30,000 after buying an additional 591 shares in the last quarter. Ritter Daniher Financial Advisory LLC DE acquired a new position in iShares U.S. Energy ETF in the 3rd quarter worth $49,000. Brown Brothers Harriman & Co. acquired a new position in iShares U.S. Energy ETF in the 3rd quarter worth $60,000. Finally, Golden State Wealth Management LLC acquired a new position in iShares U.S. Energy ETF in the 4th quarter worth $119,000.

iShares U.S. Energy ETF Stock Performance

Shares of iShares U.S. Energy ETF stock opened at $47.23 on Monday. The firm has a market cap of $1.28 billion, a PE ratio of 14.66 and a beta of 1.25. The firm’s 50-day simple moving average is $47.52 and its 200-day simple moving average is $47.46. iShares U.S. Energy ETF has a 1 year low of $43.71 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.