iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) Sets New 1-Year High at $91.06

iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) hit a new 52-week high on Monday . The stock traded as high as $91.06 and last traded at $90.68, with a volume of 62786 shares changing hands. The stock had previously closed at $89.69.

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

The firm’s fifty day moving average price is $95.73 and its two-hundred day moving average price is $100.35. The stock has a market cap of $774.38 million, a price-to-earnings ratio of 6.89 and a beta of 0.60.

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

Institutional investors have recently made changes to their positions in the stock. Hollencrest Capital Management raised its holdings in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 22.2% in the 1st quarter. Hollencrest Capital Management now owns 611 shares of the company’s stock worth $65,000 after acquiring an additional 111 shares during the last quarter. Family Firm Inc. acquired a new stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF in the 2nd quarter worth about $78,000. Red Tortoise LLC acquired a new stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF in the 1st quarter worth about $119,000. Tradition Wealth Management LLC raised its holdings 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 worth $131,000 after acquiring an additional 201 shares during the last quarter. Finally, City State Bank acquired a new stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF in the 2nd quarter worth about $169,000.

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).