iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) Hits New 1-Year High – Here’s What Happened

iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) shares hit a new 52-week high on Monday . The company traded as high as $95.37 and last traded at $94.21, with a volume of 83286 shares changing hands. The stock had previously closed at $93.66.

iShares U.S. Oil & Gas Exploration & Production ETF Stock Up 0.7 %

The company has a market capitalization of $784.73 million, a PE ratio of 6.89 and a beta of 0.60. The stock’s fifty day simple moving average is $95.72 and its 200-day simple moving average is $96.28.

Institutional Trading of iShares U.S. Oil & Gas Exploration & Production ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. lifted its position in iShares U.S. Oil & Gas Exploration & Production ETF by 22.7% during the third quarter. Sunbelt Securities Inc. now owns 3,648 shares of the company’s stock worth $334,000 after buying an additional 676 shares during the period. Wedbush Securities Inc. grew its holdings in iShares U.S. Oil & Gas Exploration & Production ETF by 35.8% in the second quarter. Wedbush Securities Inc. now owns 7,481 shares of the company’s stock valued at $745,000 after purchasing an additional 1,974 shares during the period. Whittier Trust Co. increased its position in iShares U.S. Oil & Gas Exploration & Production ETF by 1,319.7% during the second quarter. Whittier Trust Co. now owns 2,882 shares of the company’s stock worth $287,000 after purchasing an additional 2,679 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in iShares U.S. Oil & Gas Exploration & Production ETF by 38.8% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 38,106 shares of the company’s stock worth $3,792,000 after purchasing an additional 10,649 shares during the period. Finally, Family Firm Inc. purchased a new position in iShares U.S. Oil & Gas Exploration & Production ETF during the second quarter worth approximately $78,000.

iShares U.S. Oil & Gas Exploration & Production ETF Company Profile

iShares U.S. Oil & Gas Exploration & Production ETF, formerly iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Oil Exploration & Production Index (the Index).