iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) Trading Up 0.9% – What’s Next?

iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) rose 0.9% on Monday . The stock traded as high as $92.17 and last traded at $91.93. Approximately 93,167 shares traded hands during trading, The stock had previously closed at $91.15.

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

The stock has a 50-day moving average of $93.64 and a two-hundred day moving average of $94.93. The company has a market cap of $764.61 million, a P/E ratio of 6.89 and a beta of 0.60.

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

A number of institutional investors have recently made changes to their positions in the stock. Sunbelt Securities Inc. lifted its stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 22.7% in the 3rd quarter. Sunbelt Securities Inc. now owns 3,648 shares of the company’s stock worth $334,000 after purchasing an additional 676 shares during the period. Wedbush Securities Inc. grew its position in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 35.8% during the 2nd quarter. Wedbush Securities Inc. now owns 7,481 shares of the company’s stock valued at $745,000 after acquiring an additional 1,974 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 23.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,482 shares of the company’s stock worth $1,507,000 after purchasing an additional 3,137 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).