Renaissance Technologies LLC Makes New Investment in iShares U.S. Energy ETF $IYE

Renaissance Technologies LLC bought a new position in shares of iShares U.S. Energy ETF (NYSEARCA:IYE) in the first quarter, Holdings Channel.com reports. The fund bought 73,700 shares of the company’s stock, valued at approximately $4,774,000.

A number of other large investors have also modified their holdings of IYE. Jane Street Group LLC boosted its position in iShares U.S. Energy ETF by 49.4% during the first quarter. Jane Street Group LLC now owns 38,100 shares of the company’s stock worth $1,878,000 after acquiring an additional 12,606 shares during the last quarter. Cresset Asset Management LLC purchased a new stake in iShares U.S. Energy ETF during the 2nd quarter valued at about $281,000. Qube Research & Technologies Ltd acquired a new stake in iShares U.S. Energy ETF in the 2nd quarter valued at about $204,000. Vivaldi Capital Management LP acquired a new stake in iShares U.S. Energy ETF in the 2nd quarter valued at about $396,000. Finally, Quantinno Capital Management LP lifted its stake in iShares U.S. Energy ETF by 15.1% in the 2nd quarter. Quantinno Capital Management LP now owns 35,103 shares of the company’s stock worth $1,587,000 after purchasing an additional 4,614 shares in the last quarter. Hedge funds and other institutional investors own 52.46% of the company’s stock.

iShares U.S. Energy ETF Price Performance

Shares of iShares U.S. Energy ETF stock opened at $61.91 on Friday. The stock has a market cap of $1.72 billion, a P/E ratio of 15.53 and a beta of 0.44. The stock’s 50 day simple moving average is $59.96 and its 200-day simple moving average is $59.68. iShares U.S. Energy ETF has a 1-year low of $44.78 and a 1-year high of $67.07.

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.