Carret Asset Management LLC Sells 750 Shares of iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO)

Carret Asset Management LLC lowered its position in shares of iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) by 3.2% during the fourth quarter, HoldingsChannel reports. The fund owned 22,381 shares of the company’s stock after selling 750 shares during the quarter. Carret Asset Management LLC’s holdings in iShares U.S. Oil & Gas Exploration & Production ETF were worth $2,006,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sunbelt Securities Inc. lifted its stake 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 purchasing an additional 676 shares during the period. JPMorgan Chase & Co. increased its holdings 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 purchasing an additional 3,137 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in iShares U.S. Oil & Gas Exploration & Production ETF during the 4th quarter worth approximately $184,000. Finally, Jones Financial Companies Lllp increased its holdings in iShares U.S. Oil & Gas Exploration & Production ETF by 125.7% during the 4th quarter. Jones Financial Companies Lllp now owns 6,664 shares of the company’s stock worth $597,000 after purchasing an additional 3,711 shares in the last quarter.

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

Shares of IEO opened at $88.22 on Friday. The stock has a 50 day moving average price of $93.50 and a two-hundred day moving average price of $93.63. The firm has a market capitalization of $546.94 million, a P/E ratio of 12.16 and a beta of 1.44. iShares U.S. Oil & Gas Exploration & Production ETF has a 52 week low of $50.49 and a 52 week high of $70.54.

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).