Gill Capital Partners LLC Trims Stake in iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO)

Gill Capital Partners LLC lessened its holdings in iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEOFree Report) by 22.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,443 shares of the company’s stock after selling 1,002 shares during the quarter. Gill Capital Partners LLC’s holdings in iShares U.S. Oil & Gas Exploration & Production ETF were worth $309,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares U.S. Oil & Gas Exploration & Production ETF during the fourth quarter valued at approximately $184,000. Sunbelt Securities Inc. raised its position in iShares U.S. Oil & Gas Exploration & Production ETF by 22.7% during the 3rd quarter. Sunbelt Securities Inc. now owns 3,648 shares of the company’s stock valued at $334,000 after purchasing an additional 676 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in 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 buying an additional 3,137 shares during the period.

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

IEO opened at $99.14 on Friday. The stock’s 50 day moving average price is $94.08 and its 200-day moving average price is $94.74. iShares U.S. Oil & Gas Exploration & Production ETF has a 52-week low of $50.49 and a 52-week high of $70.54. The stock has a market capitalization of $827.83 million, a PE ratio of 6.89 and a beta of 0.60.

About iShares U.S. Oil & Gas Exploration & Production ETF

(Free Report)

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).

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Institutional Ownership by Quarter for iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO)

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