iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) Stock Position Cut by Carret Asset Management LLC

Carret Asset Management LLC trimmed its stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) by 5.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,131 shares of the company’s stock after selling 1,405 shares during the quarter. Carret Asset Management LLC owned about 0.28% of iShares U.S. Oil & Gas Exploration & Production ETF worth $2,115,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. raised its holdings in iShares U.S. Oil & Gas Exploration & Production ETF by 38.8% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 38,106 shares of the company’s stock worth $3,792,000 after purchasing an additional 10,649 shares in the last quarter. Wedbush Securities Inc. lifted its holdings in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 35.8% in the second quarter. Wedbush Securities Inc. now owns 7,481 shares of the company’s stock valued at $745,000 after buying an additional 1,974 shares during the period. Whittier Trust Co. boosted its stake in iShares U.S. Oil & Gas Exploration & Production ETF by 1,319.7% during the second quarter. Whittier Trust Co. now owns 2,882 shares of the company’s stock valued at $287,000 after buying an additional 2,679 shares in the last quarter. City State Bank acquired a new position in iShares U.S. Oil & Gas Exploration & Production ETF during the second quarter worth about $169,000. Finally, Red Tortoise LLC bought a new stake in iShares U.S. Oil & Gas Exploration & Production ETF in the first quarter worth about $119,000.

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

BATS:IEO opened at $92.28 on Friday. iShares U.S. Oil & Gas Exploration & Production ETF has a twelve month low of $50.49 and a twelve month high of $70.54. The company has a 50-day moving average of $93.85 and a 200-day moving average of $98.39. The firm has a market cap of $770.54 million, a price-to-earnings ratio of 6.89 and a beta of 0.60.

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