iShares North American Natural Resources ETF (BATS:IGE) Sets New 52-Week High at $43.18

iShares North American Natural Resources ETF (BATS:IGE)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $43.18 and last traded at $43.42, with a volume of 104614 shares trading hands. The stock had previously closed at $42.96.

iShares North American Natural Resources ETF Price Performance

The company has a market cap of $612.15 million, a P/E ratio of 9.97 and a beta of 0.59. The company has a 50 day moving average of $44.06 and a 200-day moving average of $44.28.

Institutional Investors Weigh In On iShares North American Natural Resources ETF

Several large investors have recently added to or reduced their stakes in IGE. BNP Paribas Financial Markets boosted its stake in iShares North American Natural Resources ETF by 101.2% during the fourth quarter. BNP Paribas Financial Markets now owns 100,588 shares of the company’s stock valued at $4,096,000 after buying an additional 50,588 shares during the period. Cambridge Investment Research Advisors Inc. lifted its stake in iShares North American Natural Resources ETF by 511.7% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 81,673 shares of the company’s stock worth $3,326,000 after purchasing an additional 68,322 shares during the last quarter. Mcdaniel Terry & Co. bought a new stake in iShares North American Natural Resources ETF during the first quarter worth about $263,000. Janney Montgomery Scott LLC lifted its stake in 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 during the last quarter. Finally, Family Firm Inc. lifted its stake in iShares North American Natural Resources ETF by 1.4% during the first quarter. Family Firm Inc. now owns 268,139 shares of the company’s stock worth $12,064,000 after purchasing an additional 3,712 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).