iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) Hits New 1-Year High – Here’s What Happened

iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO)’s stock price hit a new 52-week high on Monday . The stock traded as high as $99.82 and last traded at $98.11, with a volume of 48457 shares trading hands. The stock had previously closed at $99.44.

iShares U.S. Oil & Gas Exploration & Production ETF Stock Down 1.3 %

The company’s fifty day moving average price is $95.27 and its two-hundred day moving average price is $96.64. The firm has a market cap of $819.22 million, a PE ratio of 6.89 and a beta of 0.60.

Hedge Funds Weigh In On iShares U.S. Oil & Gas Exploration & Production ETF

A number of large investors have recently bought and sold shares of IEO. City State Bank acquired a new stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF in the 2nd quarter valued at approximately $169,000. Family Firm Inc. acquired a new stake in iShares U.S. Oil & Gas Exploration & Production ETF during the 2nd quarter valued at $78,000. Cambridge Investment Research Advisors Inc. lifted its holdings in iShares U.S. Oil & Gas Exploration & Production ETF by 38.8% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 38,106 shares of the company’s stock valued at $3,792,000 after purchasing an additional 10,649 shares during the last quarter. Whittier Trust Co. lifted its holdings in iShares U.S. Oil & Gas Exploration & Production ETF by 1,319.7% during the 2nd quarter. Whittier Trust Co. now owns 2,882 shares of the company’s stock valued at $287,000 after purchasing an additional 2,679 shares during the last quarter. Finally, Wedbush Securities Inc. lifted its holdings in iShares U.S. Oil & Gas Exploration & Production ETF by 35.8% during the 2nd quarter. Wedbush Securities Inc. now owns 7,481 shares of the company’s stock valued at $745,000 after purchasing an additional 1,974 shares during 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).