Tradewinds LLC. Cuts Holdings in iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO)

Tradewinds LLC. cut its stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) by 65.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 6,690 shares of the company’s stock after selling 12,674 shares during the period. Tradewinds LLC.’s holdings in iShares U.S. Oil & Gas Exploration & Production ETF were worth $649,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of IEO. Runnymede Capital Advisors Inc. purchased a new position in shares of iShares U.S. Oil & Gas Exploration & Production ETF during the 4th quarter worth $101,000. Jones Financial Companies Lllp raised its position in 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 valued at $597,000 after purchasing an additional 3,711 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares U.S. Oil & Gas Exploration & Production ETF in the fourth quarter worth approximately $184,000. JPMorgan Chase & Co. raised its stake in iShares U.S. Oil & Gas Exploration & Production ETF by 23.5% in the third quarter. JPMorgan Chase & Co. now owns 16,482 shares of the company’s stock valued at $1,507,000 after buying an additional 3,137 shares in the last quarter. Finally, Sunbelt Securities Inc. boosted its holdings in 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 valued at $334,000 after purchasing an additional 676 shares in the last quarter.

iShares U.S. Oil & Gas Exploration & Production ETF Stock Down 2.5 %

IEO opened at $94.61 on Tuesday. The business’s 50 day moving average is $93.18 and its two-hundred day moving average is $93.61. iShares U.S. Oil & Gas Exploration & Production ETF has a 52 week low of $84.48 and a 52 week high of $112.72. The firm has a market cap of $567.65 million, a price-to-earnings ratio of 13.79 and a beta of 1.11.

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).