iShares North American Natural Resources ETF (BATS:IGE) Hits New 12-Month High at $44.75

iShares North American Natural Resources ETF (BATS:IGE)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $44.75 and last traded at $45.10, with a volume of 69723 shares trading hands. The stock had previously closed at $44.60.

iShares North American Natural Resources ETF Price Performance

The firm has a market cap of $593.07 million, a price-to-earnings ratio of 9.96 and a beta of 0.63. The firm has a fifty day simple moving average of $44.40 and a two-hundred day simple moving average of $41.66.

Institutional Investors Weigh In On iShares North American Natural Resources ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Wetzel Investment Advisors Inc. purchased a new position in iShares North American Natural Resources ETF during the 4th quarter worth approximately $41,000. Advisors Preferred LLC acquired a new stake in iShares North American Natural Resources ETF during the 4th quarter worth about $43,000. Mcdaniel Terry & Co. purchased a new position in shares of iShares North American Natural Resources ETF during the 1st quarter valued at about $263,000. Janney Montgomery Scott LLC lifted its holdings in shares of iShares North American Natural Resources ETF by 3.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 9,943 shares of the company’s stock valued at $447,000 after buying an additional 350 shares during the period. Finally, Cary Street Partners Investment Advisory LLC boosted its stake in shares of iShares North American Natural Resources ETF by 9,202.4% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 11,628 shares of the company’s stock worth $473,000 after buying an additional 11,503 shares during 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).