iShares North American Natural Resources ETF (BATS:IGE) Reaches New 12-Month High – Here’s What Happened

Shares of iShares North American Natural Resources ETF (BATS:IGE) reached a new 52-week high during trading on Monday . The stock traded as high as $45.73 and last traded at $44.61, with a volume of 31033 shares changing hands. The stock had previously closed at $45.03.

iShares North American Natural Resources ETF Price Performance

The stock’s 50-day moving average is $44.34 and its 200-day moving average is $44.76. The stock has a market cap of $624.42 million, a price-to-earnings ratio of 9.97 and a beta of 0.59.

Institutional Trading of iShares North American Natural Resources ETF

Hedge funds have recently bought and sold shares of the company. Jones Financial Companies Lllp boosted its position in iShares North American Natural Resources ETF by 2,147.5% during the fourth quarter. Jones Financial Companies Lllp now owns 899 shares of the company’s stock worth $38,000 after acquiring an additional 859 shares during the last quarter. Leavell Investment Management Inc. boosted its position in iShares North American Natural Resources ETF by 11.5% during the fourth quarter. Leavell Investment Management Inc. now owns 12,367 shares of the company’s stock worth $528,000 after acquiring an additional 1,280 shares during the last quarter. JPMorgan Chase & Co. boosted its position in iShares North American Natural Resources ETF by 1.2% during the third quarter. JPMorgan Chase & Co. now owns 30,415 shares of the company’s stock worth $1,340,000 after acquiring an additional 366 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its position in iShares North American Natural Resources ETF by 1.3% during the third quarter. Nations Financial Group Inc. IA ADV now owns 31,137 shares of the company’s stock worth $1,372,000 after acquiring an additional 406 shares during the last quarter. Finally, BNP Paribas Financial Markets acquired a new stake in iShares North American Natural Resources ETF during the fourth quarter worth approximately $2,136,000.

About iShares North American Natural Resources ETF

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).