Harbor Investment Advisory LLC Sells 1,756 Shares of iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO)

Harbor Investment Advisory LLC cut its stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) by 46.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,050 shares of the company’s stock after selling 1,756 shares during the quarter. Harbor Investment Advisory LLC’s holdings in iShares U.S. Oil & Gas Exploration & Production ETF were worth $219,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of IEO. Anchor Investment Management LLC purchased a new stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF during the fourth quarter valued at approximately $38,000. Tradition Wealth Management LLC grew its holdings in 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. Sunbelt Securities Inc. increased its position in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 96.2% in the third quarter. Sunbelt Securities Inc. now owns 6,464 shares of the company’s stock valued at $630,000 after acquiring an additional 3,169 shares during the period. Janney Montgomery Scott LLC increased its position in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 107.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 13,986 shares of the company’s stock valued at $1,303,000 after acquiring an additional 7,250 shares during the period. Finally, BNP Paribas Financial Markets bought a new position in shares of iShares U.S. Oil & Gas Exploration & Production ETF during the fourth quarter valued at about $4,597,000.

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

Shares of BATS IEO traded up $2.62 during trading hours on Monday, hitting $100.00. The company’s stock had a trading volume of 88,107 shares. iShares U.S. Oil & Gas Exploration & Production ETF has a 12 month low of $50.49 and a 12 month high of $70.54. The stock has a market cap of $835 million, a price-to-earnings ratio of 6.89 and a beta of 0.60. The business has a 50-day simple moving average of $102.57 and a 200-day simple moving average of $98.67.

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).