iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) Reaches New 52-Week High – Here’s What Happened

iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) shares reached a new 52-week high during mid-day trading on Monday . The stock 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 Stock Down 0.7 %

The company has a market capitalization of $804.52 million, a P/E ratio of 6.89 and a beta of 0.60. The business has a fifty day moving average price of $92.78 and a 200 day moving average price of $94.19.

Institutional Investors Weigh In On iShares U.S. Oil & Gas Exploration & Production ETF

Several institutional investors have recently bought and sold shares of IEO. Runnymede Capital Advisors Inc. bought a new position in shares of iShares U.S. Oil & Gas Exploration & Production ETF in the 4th quarter valued at about $101,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares U.S. Oil & Gas Exploration & Production ETF during the fourth quarter valued at approximately $184,000. Sunbelt Securities Inc. grew its stake in iShares U.S. Oil & Gas Exploration & Production ETF by 22.7% in the third quarter. Sunbelt Securities Inc. now owns 3,648 shares of the company’s stock valued at $334,000 after purchasing an additional 676 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 125.7% during the 4th 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 during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 23.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 16,482 shares of the company’s stock worth $1,507,000 after purchasing an additional 3,137 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).