Parallel Advisors LLC Raises Stock Holdings in iShares U.S. Oil Equipment & Services ETF (NYSEARCA:IEZ)

Parallel Advisors LLC boosted its holdings in iShares U.S. Oil Equipment & Services ETF (NYSEARCA:IEZ) by 3,680.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,353 shares of the company’s stock after buying an additional 27,603 shares during the quarter. Parallel Advisors LLC’s holdings in iShares U.S. Oil Equipment & Services ETF were worth $562,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of IEZ. Jones Financial Companies Lllp increased its position in shares of iShares U.S. Oil Equipment & Services ETF by 43.6% during the 4th 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. increased its position in shares of iShares U.S. Oil Equipment & Services ETF by 202.7% during the 3rd 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. Family Firm Inc. purchased a new stake in shares of iShares U.S. Oil Equipment & Services ETF during the 4th quarter valued at about $248,000. Finally, BNP Paribas Financial Markets increased its position in shares of iShares U.S. Oil Equipment & Services ETF by 199.7% during the 3rd 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 Stock Up 0.3 %

NYSEARCA IEZ opened at $19.48 on Friday. iShares U.S. Oil Equipment & Services ETF has a 52 week low of $18.15 and a 52 week high of $24.85. The firm has a market capitalization of $153.89 million, a P/E ratio of 12.57 and a beta of 1.70. The company has a 50-day moving average price of $20.36 and a 200-day moving average price of $20.41.

About iShares U.S. Oil Equipment & Services ETF

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).