CrossGen Wealth LLC acquired a new stake in shares of iShares U.S. Energy ETF (NYSEARCA:IYE – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,134 shares of the company’s stock, valued at approximately $434,000.
A number of other hedge funds also recently bought and sold shares of the company. Beacon Pointe Advisors LLC purchased a new stake in shares of iShares U.S. Energy ETF during the 4th quarter valued at about $740,000. EP Wealth Advisors LLC purchased a new position in shares of iShares U.S. Energy ETF in the fourth quarter worth approximately $251,000. XTX Topco Ltd boosted its holdings in shares of iShares U.S. Energy ETF by 33.0% in the fourth quarter. XTX Topco Ltd now owns 11,835 shares of the company’s stock worth $563,000 after buying an additional 2,935 shares during the last quarter. Tudor Investment Corp ET AL bought a new stake in iShares U.S. Energy ETF during the fourth quarter valued at approximately $812,000. Finally, Asset One Wealth Management LLC bought a new stake in iShares U.S. Energy ETF during the fourth quarter valued at approximately $364,000. Hedge funds and other institutional investors own 52.46% of the company’s stock.
iShares U.S. Energy ETF Trading Down 1.6%
Shares of IYE stock opened at $56.77 on Friday. iShares U.S. Energy ETF has a 12 month low of $44.78 and a 12 month high of $67.07. The stock has a market cap of $1.62 billion, a P/E ratio of 15.53 and a beta of 0.44. The company has a 50 day simple moving average of $60.87 and a two-hundred day simple moving average of $56.85.
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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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