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:IEO) reached a new 52-week high during trading on Monday . The stock traded as high as $98.93 and last traded at $92.34, with a volume of 56260 shares traded. The stock had previously closed at $97.06.

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

The stock’s 50-day moving average is $93.52 and its two-hundred day moving average is $93.95. The stock has a market cap of $538.04 million, a P/E ratio of 12.16 and a beta of 1.44.

Institutional Investors Weigh In On iShares U.S. Oil & Gas Exploration & Production ETF

Large investors have recently made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in iShares U.S. Oil & Gas Exploration & Production ETF by 23.5% during the 3rd 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. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares U.S. Oil & Gas Exploration & Production ETF during the 4th quarter valued at approximately $184,000. Sunbelt Securities Inc. grew its holdings 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 valued at $334,000 after purchasing an additional 676 shares in the last quarter. Runnymede Capital Advisors Inc. bought a new stake in iShares U.S. Oil & Gas Exploration & Production ETF in the fourth quarter worth $101,000. Finally, Jones Financial Companies Lllp raised its stake in iShares U.S. Oil & Gas Exploration & Production ETF by 125.7% during the fourth 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.

iShares U.S. Oil & Gas Exploration & Production ETF Company Profile

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).