RPg Family Wealth Advisory LLC Invests $3.11 Million in iShares U.S. Oil & Gas Exploration & Production ETF $IEO

RPg Family Wealth Advisory LLC acquired a new stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 28,298 shares of the company’s stock, valued at approximately $3,108,000.

Several other large investors also recently added to or reduced their stakes in IEO. RMG Wealth Management LLC bought a new position in shares of iShares U.S. Oil & Gas Exploration & Production ETF during the 1st quarter worth $35,000. Sunbelt Securities Inc. lifted its stake in iShares U.S. Oil & Gas Exploration & Production ETF by 32.3% in the fourth quarter. Sunbelt Securities Inc. now owns 2,451 shares of the company’s stock worth $219,000 after acquiring an additional 599 shares during the period. Janney Montgomery Scott LLC grew its holdings in iShares U.S. Oil & Gas Exploration & Production ETF by 2.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 5,038 shares of the company’s stock worth $629,000 after acquiring an additional 144 shares in the last quarter. RiverFront Investment Group LLC increased its position in iShares U.S. Oil & Gas Exploration & Production ETF by 42.7% during the 4th quarter. RiverFront Investment Group LLC now owns 7,696 shares of the company’s stock valued at $687,000 after purchasing an additional 2,304 shares during the period. Finally, JPMorgan Chase & Co. increased its position in iShares U.S. Oil & Gas Exploration & Production ETF by 2.0% during the 3rd 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.

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

BATS:IEO opened at $134.81 on Monday. The firm has a 50-day simple moving average of $121.80 and a 200-day simple moving average of $117.74. iShares U.S. Oil & Gas Exploration & Production ETF has a one year low of $85.93 and a one year high of $138.06. The firm has a market cap of $734.71 million, a P/E ratio of 14.30 and a beta of 0.85.

Key iShares U.S. Oil & Gas Exploration & Production ETF News

Here are the key news stories impacting iShares U.S. Oil & Gas Exploration & Production ETF this week:

• 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.