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

iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $98.93 and last traded at $93.95, with a volume of 56260 shares changing hands. The stock had previously closed at $97.06.

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

The stock has a fifty day moving average price of $92.73 and a 200-day moving average price of $94.06. The firm has a market capitalization of $793.58 million, a PE ratio of 6.89 and a beta of 0.60.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Runnymede Capital Advisors Inc. acquired a new stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF in the 4th quarter worth $101,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF in the 4th quarter worth $184,000. Sunbelt Securities Inc. boosted its position in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 22.7% in the 3rd quarter. Sunbelt Securities Inc. now owns 3,648 shares of the company’s stock worth $334,000 after purchasing an additional 676 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 125.7% in the 4th quarter. Jones Financial Companies Lllp now owns 6,664 shares of the company’s stock worth $597,000 after purchasing an additional 3,711 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of 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 in the last quarter.

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).