iShares North American Natural Resources ETF (BATS:IGE) Sets New 12-Month High at $44.05

Shares of iShares North American Natural Resources ETF (BATS:IGE) reached a new 52-week high on Tuesday . The stock traded as high as $44.05 and last traded at $43.42, with a volume of 128285 shares trading hands. The stock had previously closed at $43.79.

iShares North American Natural Resources ETF Price Performance

The firm has a fifty day moving average of $44.40 and a two-hundred day moving average of $42.97. The stock has a market capitalization of $627.73 million, a P/E ratio of 9.97 and a beta of 0.59.

Institutional Trading of iShares North American Natural Resources ETF

Several institutional investors and hedge funds have recently made changes to their positions in IGE. Cary Street Partners Investment Advisory LLC grew its stake in 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 valued at $473,000 after purchasing an additional 11,503 shares during the last quarter. Wetzel Investment Advisors Inc. purchased a new position in iShares North American Natural Resources ETF in the fourth quarter valued at about $41,000. Advisors Preferred LLC purchased a new position in iShares North American Natural Resources ETF in the fourth quarter valued at about $43,000. BNP Paribas Financial Markets grew its stake in iShares North American Natural Resources ETF by 101.2% in the fourth quarter. BNP Paribas Financial Markets now owns 100,588 shares of the company’s stock valued at $4,096,000 after purchasing an additional 50,588 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its stake in iShares North American Natural Resources ETF by 511.7% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 81,673 shares of the company’s stock valued at $3,326,000 after purchasing an additional 68,322 shares during the last quarter.

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).