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

iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO)’s share price reached a new 52-week high 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 Performance

The company has a market capitalization of $804.75 million, a P/E ratio of 14.30 and a beta of 0.85. The stock’s fifty day moving average price is $140.48 and its 200-day moving average price is $120.34.

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

Large investors have recently added to or reduced their stakes in the business. Compass Financial Management LLC bought a new position in shares of iShares U.S. Oil & Gas Exploration & Production ETF during the second quarter worth approximately $75,000. Highland Investment Advisors LLC acquired a new stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF during the second quarter worth $34,000. Oarsman Capital Inc. acquired a new position in shares of iShares U.S. Oil & Gas Exploration & Production ETF in the 2nd quarter valued at about $348,000. RPg Family Wealth Advisory LLC acquired a new stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF during the 2nd quarter worth approximately $3,108,000. Finally, Risk Paradigm Group LLC bought a new stake in iShares U.S. Oil & Gas Exploration & Production ETF in the second quarter valued at $3,105,000.

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). 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.