iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) Hits New 1-Year High – Here’s What Happened

Shares of iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) reached a new 52-week high on Monday . The stock traded as high as $99.82 and last traded at $98.11, with a volume of 48457 shares traded. The stock had previously closed at $99.44.

iShares U.S. Oil & Gas Exploration & Production ETF Trading Down 1.3 %

The stock has a market cap of $819.22 million, a P/E ratio of 6.89 and a beta of 0.60. The firm has a 50-day simple moving average of $95.27 and a two-hundred day simple moving average of $96.64.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. increased its position in iShares U.S. Oil & Gas Exploration & Production ETF by 38.8% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 38,106 shares of the company’s stock worth $3,792,000 after buying an additional 10,649 shares during the period. Wedbush Securities Inc. increased its position in iShares U.S. Oil & Gas Exploration & Production ETF by 35.8% during the 2nd quarter. Wedbush Securities Inc. now owns 7,481 shares of the company’s stock worth $745,000 after buying an additional 1,974 shares during the period. Sunbelt Securities Inc. increased its position in shares of 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 worth $334,000 after purchasing an additional 676 shares during the period. Whittier Trust Co. increased its position in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 1,319.7% in the second 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. Finally, City State Bank bought a new position in shares of iShares U.S. Oil & Gas Exploration & Production ETF in the second quarter worth $169,000.

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).