iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) Sets New 1-Year High – Time to Buy?

iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $93.07 and last traded at $90.26, with a volume of 65584 shares trading hands. The stock had previously closed at $92.54.

iShares U.S. Oil & Gas Exploration & Production ETF Stock Down 2.5 %

The firm has a market capitalization of $753.67 million, a PE ratio of 6.89 and a beta of 0.60. The stock has a 50-day moving average price of $95.51 and a 200 day moving average price of $96.11.

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

Several large investors have recently added to or reduced their stakes in the stock. Family Firm Inc. purchased a new position in shares of iShares U.S. Oil & Gas Exploration & Production ETF during the 2nd quarter worth $78,000. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 38.8% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 38,106 shares of the company’s stock worth $3,792,000 after acquiring an additional 10,649 shares during the last quarter. Whittier Trust Co. boosted its position in shares of 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 worth $287,000 after purchasing an additional 2,679 shares during the period. Wedbush Securities Inc. increased its holdings in iShares U.S. Oil & Gas Exploration & Production ETF by 35.8% in 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. Finally, Sunbelt Securities Inc. raised its position in iShares U.S. Oil & Gas Exploration & Production ETF by 22.7% in the third 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.

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).