iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) Sets New 52-Week High at $95.28

iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $95.28 and last traded at $94.53, with a volume of 112914 shares. The stock had previously closed at $94.20.

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

The firm has a market capitalization of $685.34 million, a P/E ratio of 13.87 and a beta of 1.62. The stock’s fifty day simple moving average is $96.92 and its 200 day simple moving average is $91.59.

Hedge Funds Weigh In On iShares U.S. Oil & Gas Exploration & Production ETF

A number of large investors have recently added to or reduced their stakes in IEO. JPMorgan Chase & Co. raised its holdings in iShares U.S. Oil & Gas Exploration & Production ETF by 149.5% in the first quarter. JPMorgan Chase & Co. now owns 38,916 shares of the company’s stock worth $3,281,000 after purchasing an additional 23,317 shares in the last quarter. Cambridge Investment Research Advisors Inc. acquired a new position in iShares U.S. Oil & Gas Exploration & Production ETF in the 1st quarter worth approximately $228,000. Flow Traders U.S. LLC acquired a new position in iShares U.S. Oil & Gas Exploration & Production ETF in the 1st quarter worth approximately $1,803,000. Nelson Van Denburg & Campbell Wealth Management Group LLC increased its holdings in iShares U.S. Oil & Gas Exploration & Production ETF by 178.8% in the 1st quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 8,935 shares of the company’s stock worth $753,000 after buying an additional 5,730 shares during the period. Finally, Bank of New York Mellon Corp acquired a new position in iShares U.S. Oil & Gas Exploration & Production ETF in the 3rd quarter worth approximately $257,000.

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).