iShares U.S. Oil Equipment & Services ETF (NYSEARCA:IEZ) Shares Up 1%

iShares U.S. Oil Equipment & Services ETF (NYSEARCA:IEZ) shares rose 1% during mid-day trading on Thursday . The stock traded as high as $22.17 and last traded at $22.09. Approximately 199,872 shares were traded during trading, a decline of 18% from the average daily volume of 243,479 shares. The stock had previously closed at $21.88.

iShares U.S. Oil Equipment & Services ETF Stock Performance

The company has a 50 day moving average of $22.21 and a 200-day moving average of $21.95. The stock has a market cap of $270.58 million, a price-to-earnings ratio of 23.20 and a beta of 0.79.

Hedge Funds Weigh In On iShares U.S. Oil Equipment & Services ETF

Hedge funds have recently bought and sold shares of the company. Sunbelt Securities Inc. raised its position in iShares U.S. Oil Equipment & Services ETF by 97.4% in the 1st quarter. Sunbelt Securities Inc. now owns 3,407 shares of the company’s stock valued at $81,000 after purchasing an additional 1,681 shares in the last quarter. Leuthold Group LLC raised its position in iShares U.S. Oil Equipment & Services ETF by 10.3% in the 4th quarter. Leuthold Group LLC now owns 55,146 shares of the company’s stock valued at $1,209,000 after purchasing an additional 5,135 shares in the last quarter. Finally, Vicus Capital raised its position in iShares U.S. Oil Equipment & Services ETF by 19.1% in the 4th quarter. Vicus Capital now owns 122,234 shares of the company’s stock valued at $2,679,000 after purchasing an additional 19,631 shares in the last quarter.

iShares U.S. Oil Equipment & Services ETF Company Profile

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).