iShares North American Natural Resources ETF (BATS:IGE) Hits New 1-Year High – Here’s What Happened

Shares of iShares North American Natural Resources ETF (BATS:IGE) reached a new 52-week high on Monday . The stock traded as high as $45.00 and last traded at $44.73, with a volume of 13664 shares trading hands. The stock had previously closed at $44.20.

iShares North American Natural Resources ETF Price Performance

The company has a 50 day moving average price of $44.50 and a 200 day moving average price of $44.47. The firm has a market cap of $630.69 million, a PE ratio of 9.97 and a beta of 0.59.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC lifted its position in shares of iShares North American Natural Resources ETF by 3.6% during the first quarter. Janney Montgomery Scott LLC now owns 9,943 shares of the company’s stock worth $447,000 after purchasing an additional 350 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of iShares North American Natural Resources ETF by 0.5% in the 1st quarter. BNP Paribas Financial Markets now owns 101,088 shares of the company’s stock worth $4,548,000 after acquiring an additional 500 shares during the period. Nations Financial Group Inc. IA ADV increased its position in shares of iShares North American Natural Resources ETF by 4.7% during the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 30,731 shares of the company’s stock valued at $1,352,000 after purchasing an additional 1,384 shares during the period. Rothschild Investment LLC acquired a new stake in iShares North American Natural Resources ETF during the second quarter valued at approximately $1,483,000. Finally, Family Firm Inc. boosted its stake in shares of iShares North American Natural Resources ETF by 79.6% during the 2nd quarter. Family Firm Inc. now owns 481,471 shares of the company’s stock worth $21,185,000 after acquiring an additional 213,332 shares in the last quarter.

iShares North American Natural Resources ETF Company Profile

iShares North American Natural Resources ETF, formerly iShares S&P North American Natural Resources Sector Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of U.S.-traded natural resource-related stocks as represented by the S&P North American Natural Resources Sector Index (the Index).