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

Shares of iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEOGet Free Report) reached a new 52-week high on Thursday . The company traded as high as $98.93 and last traded at $99.29, with a volume of 56260 shares trading hands. The stock had previously closed at $97.06.

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

The stock has a market cap of $828.17 million, a P/E ratio of 6.89 and a beta of 0.60. The company has a 50-day simple moving average of $93.98 and a 200-day simple moving average of $94.71.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares U.S. Oil & Gas Exploration & Production ETF in the 4th quarter valued at about $184,000. Sunbelt Securities Inc. grew its stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 22.7% during 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 last quarter. Finally, JPMorgan Chase & Co. raised its position in iShares U.S. Oil & Gas Exploration & Production ETF by 23.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,482 shares of the company’s stock worth $1,507,000 after purchasing an additional 3,137 shares during the last quarter.

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).

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