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

iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO)’s stock price hit a new 52-week high on Monday . The company traded as high as $98.93 and last traded at $91.74, with a volume of 56260 shares traded. The stock had previously closed at $97.06.

iShares U.S. Oil & Gas Exploration & Production ETF Stock Performance

The company has a market capitalization of $792.68 million, a P/E ratio of 6.89 and a beta of 0.60. The business has a fifty day moving average of $93.23 and a 200-day moving average of $94.33.

Institutional Trading of iShares U.S. Oil & Gas Exploration & Production ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares U.S. Oil & Gas Exploration & Production ETF in the fourth quarter valued at approximately $184,000. Sunbelt Securities Inc. raised its stake in 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 acquiring an additional 676 shares during the period. Finally, JPMorgan Chase & Co. lifted 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 valued at $1,507,000 after buying 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).