Jones Financial Companies Lllp Increases Position in iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO)

Jones Financial Companies Lllp raised its position in shares of iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) by 125.7% during the fourth quarter, HoldingsChannel reports. The firm owned 6,664 shares of the company’s stock after purchasing an additional 3,711 shares during the period. Jones Financial Companies Lllp’s holdings in iShares U.S. Oil & Gas Exploration & Production ETF were worth $597,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 23.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 16,482 shares of the company’s stock valued at $1,507,000 after purchasing an additional 3,137 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in iShares U.S. Oil & Gas Exploration & Production ETF by 22.7% in the third quarter. Sunbelt Securities Inc. now owns 3,648 shares of the company’s stock worth $334,000 after buying an additional 676 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares U.S. Oil & Gas Exploration & Production ETF during the fourth quarter worth approximately $184,000.

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

Shares of IEO opened at $87.68 on Monday. iShares U.S. Oil & Gas Exploration & Production ETF has a fifty-two week low of $50.49 and a fifty-two week high of $70.54. The firm has a market cap of $543.59 million, a price-to-earnings ratio of 12.16 and a beta of 1.44. The firm has a 50 day moving average price of $93.48 and a 200-day moving average price of $93.76.

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).