O Shaughnessy Asset Management LLC Buys 288 Shares of iShares U.S. Energy ETF (NYSEARCA:IYE)

O Shaughnessy Asset Management LLC increased its position in iShares U.S. Energy ETF (NYSEARCA:IYE) by 32.0% in the 4th quarter, HoldingsChannel reports. The fund owned 1,188 shares of the company’s stock after purchasing an additional 288 shares during the period. O Shaughnessy Asset Management LLC’s holdings in iShares U.S. Energy ETF were worth $54,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of IYE. Key Financial Inc bought a new position in shares of iShares U.S. Energy ETF in the fourth quarter worth $27,000. JFS Wealth Advisors LLC boosted its stake in iShares U.S. Energy ETF by 820.8% in the fourth 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. Farther Finance Advisors LLC boosted its holdings in iShares U.S. Energy ETF by 41.4% during the 4th quarter. Farther Finance Advisors LLC now owns 2,424 shares of the company’s stock valued at $110,000 after acquiring an additional 710 shares during the period. Golden State Wealth Management LLC bought a new stake in shares of iShares U.S. Energy ETF in the fourth quarter worth about $119,000. Finally, Mainstream Capital Management LLC purchased a new stake in shares of iShares U.S. Energy ETF in the 4th quarter worth about $143,000.

iShares U.S. Energy ETF Price Performance

NYSEARCA:IYE opened at $41.94 on Tuesday. The firm’s 50-day moving average price is $46.56 and its 200-day moving average price is $47.41. iShares U.S. Energy ETF has a 1-year low of $39.35 and a 1-year high of $51.61. The company has a market capitalization of $1.12 billion, a PE ratio of 15.74 and a beta of 0.95.

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.