iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) Sets New 52-Week High at $110.58

iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $110.58 and last traded at $108.28, with a volume of 313002 shares changing hands. The stock had previously closed at $109.60.

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

The company has a market cap of $870.01 million, a price-to-earnings ratio of 7.24 and a beta of 0.60. The business’s 50 day simple moving average is $101.04 and its 200-day simple moving average is $96.36.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Anchor Investment Management LLC bought a new position in shares of iShares U.S. Oil & Gas Exploration & Production ETF during the 4th quarter valued at $38,000. Sunbelt Securities Inc. raised its holdings in iShares U.S. Oil & Gas Exploration & Production ETF by 96.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 6,464 shares of the company’s stock worth $630,000 after acquiring an additional 3,169 shares during the period. Cambridge Investment Research Advisors Inc. raised its holdings in iShares U.S. Oil & Gas Exploration & Production ETF by 105.6% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 22,324 shares of the company’s stock worth $2,177,000 after acquiring an additional 11,468 shares during the period. NBC Securities Inc. bought a new position in iShares U.S. Oil & Gas Exploration & Production ETF in the 3rd quarter worth $96,000. Finally, Bank of New York Mellon Corp bought a new position in iShares U.S. Oil & Gas Exploration & Production ETF in the 3rd quarter worth $257,000.

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).