iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) Reaches New 52-Week High at $100.47

iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) hit a new 52-week high on Monday . The company traded as high as $100.47 and last traded at $99.79, with a volume of 97095 shares trading hands. The stock had previously closed at $99.52.

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

The firm’s fifty day moving average is $101.84 and its two-hundred day moving average is $99.00. The firm has a market cap of $833.25 million, a price-to-earnings ratio of 6.89 and a beta of 0.60.

Institutional Trading of iShares U.S. Oil & Gas Exploration & Production ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Anchor Investment Management LLC purchased a new position in iShares U.S. Oil & Gas Exploration & Production ETF in the 4th quarter worth about $38,000. Hollencrest Capital Management increased its position in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 22.2% in the first quarter. Hollencrest Capital Management now owns 611 shares of the company’s stock worth $65,000 after acquiring an additional 111 shares in the last quarter. Red Tortoise LLC acquired a new stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF during the first quarter valued at approximately $119,000. Tradition Wealth Management LLC lifted its position in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 16.7% in the 4th quarter. Tradition Wealth Management LLC now owns 1,407 shares of the company’s stock valued at $131,000 after acquiring an additional 201 shares in the last quarter. Finally, Sunbelt Securities Inc. grew its position in iShares U.S. Oil & Gas Exploration & Production ETF by 96.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 6,464 shares of the company’s stock worth $630,000 after purchasing an additional 3,169 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).