EverSource Wealth Advisors LLC Sells 725 Shares of iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO)

EverSource Wealth Advisors LLC cut its holdings in iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) by 61.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 450 shares of the company’s stock after selling 725 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in iShares U.S. Oil & Gas Exploration & Production ETF were worth $45,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Hollencrest Capital Management lifted its holdings in iShares U.S. Oil & Gas Exploration & Production ETF by 22.2% in the 1st quarter. Hollencrest Capital Management now owns 611 shares of the company’s stock worth $65,000 after purchasing an additional 111 shares during the last quarter. Family Firm Inc. bought a new stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF during the 2nd quarter worth $78,000. Red Tortoise LLC bought a new stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF during the 1st quarter worth $119,000. Tradition Wealth Management LLC grew its stake in iShares U.S. Oil & Gas Exploration & Production ETF by 16.7% in the 4th quarter. Tradition Wealth Management LLC now owns 1,407 shares of the company’s stock valued at $131,000 after buying an additional 201 shares during the last quarter. Finally, City State Bank bought a new position in iShares U.S. Oil & Gas Exploration & Production ETF in the 2nd quarter worth $169,000.

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

IEO stock opened at $91.14 on Friday. The stock has a market capitalization of $761.02 million, a price-to-earnings ratio of 6.89 and a beta of 0.60. The company has a 50-day moving average of $94.57 and a two-hundred day moving average of $100.07. iShares U.S. Oil & Gas Exploration & Production ETF has a 52-week low of $50.49 and a 52-week high of $70.54.

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).