Ameriprise Financial Inc. Lowers Stake in iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO)

Ameriprise Financial Inc. lowered its holdings in iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) by 17.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 49,351 shares of the company’s stock after selling 10,420 shares during the period. Ameriprise Financial Inc. owned approximately 0.59% of iShares U.S. Oil & Gas Exploration & Production ETF worth $4,423,000 at the end of the most recent reporting period.

Separately, Runnymede Capital Advisors Inc. purchased a new stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF during the 4th quarter worth $101,000.

iShares U.S. Oil & Gas Exploration & Production ETF Stock Down 11.8%

IEO stock opened at $85.61 on Monday. The business has a 50 day moving average price of $85.39 and a 200 day moving average price of $90.77. The stock has a market cap of $475.16 million, a price-to-earnings ratio of 12.13 and a beta of 0.84. iShares U.S. Oil & Gas Exploration & Production ETF has a fifty-two week low of $73.17 and a fifty-two week high of $102.99.

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).