iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) Sets New 1-Year High at $109.20

iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO)’s share price reached a new 52-week high on Monday . The stock traded as high as $109.20 and last traded at $108.97, with a volume of 122274 shares changing hands. The stock had previously closed at $108.44.

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

The business has a fifty day simple moving average of $103.41 and a 200 day simple moving average of $97.09. The stock has a market capitalization of $888.11 million, a price-to-earnings ratio of 7.24 and a beta of 0.60.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Cambridge Investment Research Advisors Inc. increased its stake in iShares U.S. Oil & Gas Exploration & Production ETF by 105.6% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 22,324 shares of the company’s stock valued at $2,177,000 after acquiring an additional 11,468 shares during the last quarter. NBC Securities Inc. bought a new position in iShares U.S. Oil & Gas Exploration & Production ETF in the third quarter valued at about $96,000. Sunbelt Securities Inc. boosted its stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 96.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 6,464 shares of the company’s stock valued at $630,000 after purchasing an additional 3,169 shares in the last quarter. Anchor Investment Management LLC bought a new position in iShares U.S. Oil & Gas Exploration & Production ETF in the 4th quarter valued at approximately $38,000. Finally, BNP Paribas Financial Markets bought a new stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF during the fourth quarter worth $4,597,000.

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).