Parallel Advisors LLC Sells 458 Shares of iShares U.S. Oil & Gas Exploration & Production ETF $IEO

Parallel Advisors LLC cut its position in iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) by 54.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 380 shares of the company’s stock after selling 458 shares during the quarter. Parallel Advisors LLC’s holdings in iShares U.S. Oil & Gas Exploration & Production ETF were worth $34,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in IEO. GAMMA Investing LLC grew its position in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 9,358.0% in the first quarter. GAMMA Investing LLC now owns 6,526 shares of the company’s stock valued at $617,000 after purchasing an additional 6,457 shares in the last quarter. NBC Securities Inc. purchased a new position in shares of iShares U.S. Oil & Gas Exploration & Production ETF in the first quarter valued at $59,000. Cambridge Investment Research Advisors Inc. grew its position in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 0.7% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 34,211 shares of the company’s stock valued at $3,236,000 after purchasing an additional 221 shares in the last quarter. Finally, First Horizon Advisors Inc. grew its position in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 9.9% in the first quarter. First Horizon Advisors Inc. now owns 2,487 shares of the company’s stock valued at $235,000 after purchasing an additional 225 shares in the last quarter.

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

Shares of BATS IEO opened at $95.75 on Friday. The stock has a market cap of $521.86 million, a PE ratio of 14.30 and a beta of 0.85. iShares U.S. Oil & Gas Exploration & Production ETF has a fifty-two week low of $73.17 and a fifty-two week high of $102.45. The stock has a fifty day moving average of $90.50 and a 200-day moving average of $88.50.

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).