iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) Reaches New 12-Month High – What’s Next?

iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $98.93 and last traded at $94.21, with a volume of 56260 shares changing hands. The stock had previously closed at $97.06.

iShares U.S. Oil & Gas Exploration & Production ETF Trading Down 2.4 %

The stock has a market capitalization of $790.63 million, a PE ratio of 6.89 and a beta of 0.60. The firm’s fifty day moving average price is $92.88 and its two-hundred day moving average price is $94.23.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of IEO. Sunbelt Securities Inc. raised its stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 22.7% in the 3rd quarter. Sunbelt Securities Inc. now owns 3,648 shares of the company’s stock valued at $334,000 after acquiring an additional 676 shares during the period. JPMorgan Chase & Co. raised its stake in iShares U.S. Oil & Gas Exploration & Production ETF by 23.5% in the third quarter. JPMorgan Chase & Co. now owns 16,482 shares of the company’s stock valued at $1,507,000 after buying an additional 3,137 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares U.S. Oil & Gas Exploration & Production ETF in the fourth quarter valued at approximately $184,000. Finally, Jones Financial Companies Lllp increased its position in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 125.7% during the fourth quarter. Jones Financial Companies Lllp now owns 6,664 shares of the company’s stock worth $597,000 after purchasing an additional 3,711 shares in the last quarter.

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).