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) shares reached a new 52-week high on Tuesday . The company traded as high as $98.93 and last traded at $93.95, with a volume of 56260 shares. The stock had previously closed at $97.06.

iShares U.S. Oil & Gas Exploration & Production ETF Trading Up 0.6 %

The company has a fifty day moving average price of $92.83 and a two-hundred day moving average price of $94.10. The firm has a market capitalization of $814.97 million, a price-to-earnings ratio of 6.89 and a beta of 0.60.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Sunbelt Securities Inc. increased its stake 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 acquiring an additional 676 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 23.5% during the third 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 during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF in the fourth quarter valued at $184,000. Jones Financial Companies Lllp raised its position in 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 purchasing an additional 3,711 shares in the last quarter. Finally, Runnymede Capital Advisors Inc. purchased a new position in shares of iShares U.S. Oil & Gas Exploration & Production ETF in the 4th quarter valued at about $101,000.

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).