Parallel Advisors LLC Purchases 27,603 Shares of iShares U.S. Oil Equipment & Services ETF (NYSEARCA:IEZ)

Parallel Advisors LLC increased its position in iShares U.S. Oil Equipment & Services ETF (NYSEARCA:IEZ) by 3,680.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,353 shares of the company’s stock after acquiring an additional 27,603 shares during the quarter. Parallel Advisors LLC owned about 0.23% of iShares U.S. Oil Equipment & Services ETF worth $562,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Family Firm Inc. bought a new stake in iShares U.S. Oil Equipment & Services ETF during the fourth quarter valued at approximately $248,000. Jones Financial Companies Lllp lifted its position in iShares U.S. Oil Equipment & Services ETF by 43.6% during the fourth quarter. Jones Financial Companies Lllp now owns 12,638 shares of the company’s stock valued at $250,000 after purchasing an additional 3,838 shares during the last quarter. Sunbelt Securities Inc. lifted its position in iShares U.S. Oil Equipment & Services ETF by 202.7% during the third quarter. Sunbelt Securities Inc. now owns 14,919 shares of the company’s stock valued at $300,000 after purchasing an additional 9,991 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its position in iShares U.S. Oil Equipment & Services ETF by 199.7% during the third quarter. BNP Paribas Financial Markets now owns 150,000 shares of the company’s stock valued at $3,014,000 after purchasing an additional 99,944 shares during the last quarter.

iShares U.S. Oil Equipment & Services ETF Price Performance

Shares of iShares U.S. Oil Equipment & Services ETF stock opened at $19.48 on Friday. iShares U.S. Oil Equipment & Services ETF has a 1 year low of $18.15 and a 1 year high of $24.85. The firm has a market cap of $153.89 million, a PE ratio of 12.57 and a beta of 1.70. The company has a 50 day simple moving average of $20.36 and a two-hundred day simple moving average of $20.41.

iShares U.S. Oil Equipment & Services ETF Company Profile

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