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

iShares North American Natural Resources ETF (BATS:IGE) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $45.73 and last traded at $44.78, with a volume of 31033 shares changing hands. The stock had previously closed at $45.03.

iShares North American Natural Resources ETF Stock Performance

The business’s 50-day moving average price is $44.83 and its 200 day moving average price is $44.68. The stock has a market capitalization of $631.40 million, a PE ratio of 9.97 and a beta of 0.59.

Institutional Trading of iShares North American Natural Resources ETF

A number of hedge funds have recently made changes to their positions in IGE. Arkansas Financial Group Inc. bought a new stake in shares of iShares North American Natural Resources ETF during the 3rd quarter worth $39,097,000. Nations Financial Group Inc. IA ADV lifted its holdings in shares of iShares North American Natural Resources ETF by 1.3% during the 3rd 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, JPMorgan Chase & Co. lifted its holdings in shares of iShares North American Natural Resources ETF by 1.2% during the 3rd 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.

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).