O Shaughnessy Asset Management LLC Raises Stock Position in iShares U.S. Energy ETF (NYSEARCA:IYE)

O Shaughnessy Asset Management LLC lifted its position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) by 32.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,188 shares of the company’s stock after acquiring an additional 288 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in iShares U.S. Energy ETF were worth $54,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. acquired a new position in iShares U.S. Energy ETF during the fourth quarter worth $10,204,000. LPL Financial LLC lifted its holdings in shares of iShares U.S. Energy ETF by 53.3% in the fourth quarter. LPL Financial LLC now owns 642,481 shares of the company’s stock valued at $29,278,000 after purchasing an additional 223,516 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares U.S. Energy ETF by 66.3% in the fourth quarter. JPMorgan Chase & Co. now owns 454,722 shares of the company’s stock valued at $20,722,000 after purchasing an additional 181,269 shares during the last quarter. Dynasty Wealth Management LLC purchased a new position in shares of iShares U.S. Energy ETF during the 4th quarter worth approximately $2,482,000. Finally, Wealthstar Advisors LLC acquired a new position in shares of iShares U.S. Energy ETF in the fourth quarter worth $1,708,000.

iShares U.S. Energy ETF Stock Up 0.4 %

Shares of NYSEARCA:IYE opened at $41.94 on Tuesday. The company has a market capitalization of $1.12 billion, a P/E ratio of 15.74 and a beta of 0.95. iShares U.S. Energy ETF has a 52-week low of $39.35 and a 52-week high of $51.61. The stock’s fifty day simple moving average is $46.56 and its 200-day simple moving average is $47.41.

iShares U.S. Energy ETF Company 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.