iShares U.S. Oil Equipment & Services ETF (NYSEARCA:IEZ) Trading Up 3.8% – Here’s What Happened

Posted by Linda Flegge on Apr 13th, 2025

Shares of iShares U.S. Oil Equipment & Services ETF (NYSEARCA:IEZ – Get Free Report) rose 3.8% during trading on Friday . The company traded as high as $15.91 and last traded at $15.86. Approximately 139,619 shares traded hands during trading, a decline of 11% from the average daily volume of 156,413 shares. The stock had previously closed at $15.28.

iShares U.S. Oil Equipment & Services ETF Trading Up 3.8 %

The stock has a market capitalization of $126.09 million, a PE ratio of 12.92 and a beta of 1.31. The firm has a 50 day moving average price of $19.11 and a 200 day moving average price of $20.12.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Parallel Advisors LLC grew its holdings in shares of iShares U.S. Oil Equipment & Services ETF by 3,680.4% in the fourth quarter. Parallel Advisors LLC now owns 28,353 shares of the company’s stock worth $562,000 after purchasing an additional 27,603 shares during the last quarter. Sunbelt Securities Inc. raised its stake in shares of iShares U.S. Oil Equipment & Services ETF by 202.7% during the 3rd quarter. Sunbelt Securities Inc. now owns 14,919 shares of the company’s stock worth $300,000 after acquiring an additional 9,991 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of iShares U.S. Oil Equipment & Services ETF by 43.6% during the 4th quarter. Jones Financial Companies Lllp now owns 12,638 shares of the company’s stock valued at $250,000 after purchasing an additional 3,838 shares during the last quarter. Finally, Family Firm Inc. purchased a new stake in iShares U.S. Oil Equipment & Services ETF in the fourth quarter valued at about $248,000.

iShares U.S. Oil Equipment & Services ETF Company Profile

(Get Free Report)

iShares U.S. Oil Equipment & Services ETF (the Fund), formerly iShares Dow Jones U.S. Oil Equipment & Services Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Oil Equipment & Services Index (the Index).