iShares North American Natural Resources ETF (BATS:IGE) Sets New 52-Week High at $45.44

iShares North American Natural Resources ETF (BATS:IGE)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $45.44 and last traded at $45.15, with a volume of 1327987 shares. The stock had previously closed at $45.03.

iShares North American Natural Resources ETF Price Performance

The company has a market cap of $596.62 million, a PE ratio of 9.96 and a beta of 0.63. The business’s 50 day moving average is $43.39 and its 200-day moving average is $41.39.

Hedge Funds Weigh In On iShares North American Natural Resources ETF

A number of institutional investors have recently modified their holdings of the business. Advisors Preferred LLC acquired a new position in iShares North American Natural Resources ETF in the 4th quarter valued at $43,000. Cambridge Investment Research Advisors Inc. increased its stake in iShares North American Natural Resources ETF by 6.0% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 13,351 shares of the company’s stock valued at $555,000 after buying an additional 754 shares during the period. Wetzel Investment Advisors Inc. acquired a new position in iShares North American Natural Resources ETF in the 4th quarter valued at $41,000. Q3 Asset Management acquired a new position in shares of iShares North American Natural Resources ETF during the 3rd quarter worth $2,089,000. Finally, BNP Paribas Financial Markets grew its stake in shares of iShares North American Natural Resources ETF by 101.2% during the 4th quarter. BNP Paribas Financial Markets now owns 100,588 shares of the company’s stock worth $4,096,000 after purchasing an additional 50,588 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).