Risk Paradigm Group LLC bought a new stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 28,272 shares of the company’s stock, valued at approximately $3,105,000. iShares U.S. Oil & Gas Exploration & Production ETF accounts for 2.1% of Risk Paradigm Group LLC’s portfolio, making the stock its 18th largest holding. Risk Paradigm Group LLC owned approximately 0.52% of iShares U.S. Oil & Gas Exploration & Production ETF as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in IEO. BNP Paribas Financial Markets bought a new stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF in the second quarter worth approximately $4,430,000. Bearing Point Capital LLC bought a new position in iShares U.S. Oil & Gas Exploration & Production ETF during the fourth quarter valued at approximately $1,329,000. JPMorgan Chase & Co. lifted its position in iShares U.S. Oil & Gas Exploration & Production ETF by 2.0% during the third quarter. JPMorgan Chase & Co. now owns 10,757 shares of the company’s stock valued at $996,000 after purchasing an additional 206 shares during the period. RiverFront Investment Group LLC boosted its holdings in iShares U.S. Oil & Gas Exploration & Production ETF by 42.7% in the fourth quarter. RiverFront Investment Group LLC now owns 7,696 shares of the company’s stock worth $687,000 after purchasing an additional 2,304 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in iShares U.S. Oil & Gas Exploration & Production ETF by 2.9% in the first quarter. Janney Montgomery Scott LLC now owns 5,038 shares of the company’s stock worth $629,000 after purchasing an additional 144 shares during the last quarter.
iShares U.S. Oil & Gas Exploration & Production ETF Stock Performance
BATS:IEO opened at $134.81 on Monday. iShares U.S. Oil & Gas Exploration & Production ETF has a 12 month low of $85.93 and a 12 month high of $138.06. The company has a market cap of $734.71 million, a PE ratio of 14.30 and a beta of 0.85. The company has a 50 day simple moving average of $121.80 and a two-hundred day simple moving average of $117.74.
Key iShares U.S. Oil & Gas Exploration & Production ETF News
- Positive Sentiment: Persistent Middle East and Strait of Hormuz risks are keeping a geopolitical premium in crude. WTI and Brent are holding technical support levels, while constrained shipping and tight diesel inventories could support energy prices and IEO’s exploration-and-production holdings. WTI and Brent Crude Oil Hold 50-day EMA Amid Middle East Risk
- Positive Sentiment: Oil edged higher as expectations for a quick reopening of the Strait of Hormuz faded, helping sustain near-term support for U.S. oil producers. Oil Edges Higher on Fading Hopes for Strait of Hormuz’s Reopening
- Neutral Sentiment: Canada’s renewed interest in a west-coast oil pipeline could improve export access over the longer term, but the proposal is not an immediate earnings catalyst for IEO’s predominantly U.S.-focused holdings. Trans Mountain CEO Says U.S. Trade Rift Adds Urgency to Canada’s Oil Pipeline Plan
- Negative Sentiment: Persian Gulf exports have recovered to roughly two-thirds of pre-war levels, with analysts expecting oil to remain in the high-$70s to low-$80s. A sustained recovery in supply could cap crude prices and reduce profit upside for E&P companies. Persian Gulf Oil Exports Rebound to Two-Thirds of Pre-War Levels
- Negative Sentiment: Crude is on track for a weekly decline as markets anticipate fewer Middle East supply disruptions, while easing Chinese refining demand has made additional Sudanese barrels available for fuel blending. These developments weigh on the sector’s near-term pricing outlook. Oil on Track for Weekly Loss Even as Iran Tensions Simmer
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). The Index measures the performance of the oil exploration and production sub-sector of the United States equity market, and includes companies that are engaged in the exploration for and extraction, production, refining, and supply of oil and gas products.
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