Commonwealth Retirement Investments LLC bought a new stake in shares of iShares U.S. Energy ETF (NYSEARCA:IYE – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 23,805 shares of the company’s stock, valued at approximately $1,131,000.
Several other hedge funds also recently modified their holdings of the stock. Cerity Partners LLC boosted its position in shares of iShares U.S. Energy ETF by 128.4% during the fourth quarter. Cerity Partners LLC now owns 9,876 shares of the company’s stock valued at $469,000 after buying an additional 5,552 shares during the last quarter. Greykasell Wealth Strategies Inc. bought a new stake in iShares U.S. Energy ETF during the fourth quarter worth $33,000. Goldman Sachs Group Inc. lifted its holdings in iShares U.S. Energy ETF by 14.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 722,662 shares of the company’s stock worth $34,348,000 after acquiring an additional 90,366 shares during the period. Allen Investment Management LLC bought a new stake in iShares U.S. Energy ETF during the fourth quarter worth $1,120,000. Finally, Waterloo Capital L.P. lifted its holdings in iShares U.S. Energy ETF by 0.7% during the fourth quarter. Waterloo Capital L.P. now owns 37,390 shares of the company’s stock worth $1,777,000 after acquiring an additional 266 shares during the period. Hedge funds and other institutional investors own 52.46% of the company’s stock.
iShares U.S. Energy ETF Trading Up 1.1%
Shares of iShares U.S. Energy ETF stock opened at $61.76 on Tuesday. The business’s fifty day simple moving average is $61.59 and its 200 day simple moving average is $56.18. The firm has a market capitalization of $1.76 billion, a P/E ratio of 15.53 and a beta of 0.44. iShares U.S. Energy ETF has a 12 month low of $44.21 and a 12 month high of $67.07.
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. 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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