iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) Hits New 12-Month High – Here’s Why

iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Monday. The stock traded as high as $153.99 and last traded at $152.3670, with a volume of 11,509 shares. The stock had previously closed at $150.95.

iShares U.S. Oil & Gas Exploration & Production ETF Stock Up 1.2%

The firm has a market cap of $832.79 million, a PE ratio of 14.30 and a beta of 0.85. The firm’s fifty day simple moving average is $139.89 and its two-hundred day simple moving average is $125.25.

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

Several institutional investors and hedge funds have recently modified their holdings of IEO. RPg Family Wealth Advisory LLC purchased a new stake in iShares U.S. Oil & Gas Exploration & Production ETF during the 2nd quarter worth approximately $3,108,000. Risk Paradigm Group LLC acquired a new stake in iShares U.S. Oil & Gas Exploration & Production ETF during the 2nd quarter worth approximately $3,105,000. Oarsman Capital Inc. acquired a new stake in iShares U.S. Oil & Gas Exploration & Production ETF during the 2nd quarter worth approximately $348,000. Compass Financial Management LLC purchased a new position in iShares U.S. Oil & Gas Exploration & Production ETF in the 2nd quarter valued at approximately $75,000. Finally, Highland Investment Advisors LLC purchased a new position in iShares U.S. Oil & Gas Exploration & Production ETF in the 2nd quarter valued at approximately $34,000.

About iShares U.S. Oil & Gas Exploration & Production ETF

(Get Free Report)

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). The Index measures the performance of the oil exploration and production sub-sector of the United States equity market, and includes companies that are engaged in the exploration for and extraction, production, refining, and supply of oil and gas products.

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