iShares North American Natural Resources ETF (BATS:IGE) Sets New 52-Week High – Here’s What Happened

iShares North American Natural Resources ETF (BATS:IGE)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $44.83 and last traded at $44.35, with a volume of 34041 shares trading hands. The stock had previously closed at $44.80.

iShares North American Natural Resources ETF Stock Performance

The company has a market cap of $626.89 million, a P/E ratio of 9.97 and a beta of 0.59. The firm’s 50 day moving average price is $44.51 and its two-hundred day moving average price is $44.48.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in IGE. Janney Montgomery Scott LLC lifted its position in shares of iShares North American Natural Resources ETF by 3.6% during 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 in the last quarter. Nations Financial Group Inc. IA ADV lifted its position in shares of iShares North American Natural Resources ETF by 4.7% during the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 30,731 shares of the company’s stock valued at $1,352,000 after buying an additional 1,384 shares in the last quarter. Rothschild Investment LLC purchased a new position in shares of iShares North American Natural Resources ETF during the 2nd quarter valued at about $1,483,000. BNP Paribas Financial Markets lifted its position in shares of iShares North American Natural Resources ETF by 0.5% during the 1st quarter. BNP Paribas Financial Markets now owns 101,088 shares of the company’s stock valued at $4,548,000 after buying an additional 500 shares in the last quarter. Finally, Family Firm Inc. lifted its position in shares of iShares North American Natural Resources ETF by 1.4% during the 1st quarter. Family Firm Inc. now owns 268,139 shares of the company’s stock valued at $12,064,000 after buying an additional 3,712 shares in 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).