iShares North American Natural Resources ETF (BATS:IGE) Reaches New 12-Month High at $43.71

iShares North American Natural Resources ETF (BATS:IGE)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $43.71 and last traded at $43.63, with a volume of 78921 shares trading hands. The stock had previously closed at $43.80.

iShares North American Natural Resources ETF Trading Up 1.4 %

The stock has a 50 day simple moving average of $43.99 and a 200-day simple moving average of $43.68. The firm has a market capitalization of $626.46 million, a P/E ratio of 9.97 and a beta of 0.59.

Institutional Investors Weigh In On iShares North American Natural Resources ETF

A number of large investors have recently made changes to their positions in IGE. Janney Montgomery Scott LLC grew its stake in shares of iShares North American Natural Resources ETF by 3.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 9,943 shares of the company’s stock valued at $447,000 after acquiring an additional 350 shares during the period. BNP Paribas Financial Markets grew its stake in shares of iShares North American Natural Resources ETF by 0.5% during the 1st quarter. BNP Paribas Financial Markets now owns 101,088 shares of the company’s stock valued at $4,548,000 after acquiring an additional 500 shares during the period. Wetzel Investment Advisors Inc. bought a new position in shares of iShares North American Natural Resources ETF during the 4th quarter valued at approximately $41,000. Nations Financial Group Inc. IA ADV grew its stake 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 acquiring an additional 1,384 shares during the period. Finally, Family Firm Inc. grew its stake in shares of iShares North American Natural Resources ETF by 1.4% during the 1st quarter. Family Firm Inc. now owns 268,139 shares of the company’s stock valued at $12,064,000 after acquiring an additional 3,712 shares during the period.

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).