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

iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $98.93 and last traded at $94.09, with a volume of 56260 shares. The stock had previously closed at $97.06.

iShares U.S. Oil & Gas Exploration & Production ETF Stock Down 3.2 %

The firm has a market cap of $784.48 million, a PE ratio of 6.89 and a beta of 0.60. The business has a 50-day moving average price of $92.96 and a two-hundred day moving average price of $94.17.

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

A number of hedge funds have recently bought and sold shares of IEO. Runnymede Capital Advisors Inc. acquired a new position in iShares U.S. Oil & Gas Exploration & Production ETF during the 4th quarter worth approximately $101,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF during the 4th quarter worth approximately $184,000. Sunbelt Securities Inc. boosted its holdings 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 buying an additional 676 shares in the last quarter. Jones Financial Companies Lllp grew its position in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 125.7% in the 4th quarter. Jones Financial Companies Lllp now owns 6,664 shares of the company’s stock valued at $597,000 after buying an additional 3,711 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in 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 acquiring an additional 3,137 shares in the last quarter.

About iShares U.S. Oil & Gas Exploration & Production ETF

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).