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

iShares North American Natural Resources ETF (BATS:IGEGet Free Report)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $48.15 and last traded at $47.15, with a volume of 182701 shares changing hands. The stock had previously closed at $48.01.

iShares North American Natural Resources ETF Price Performance

The company has a fifty day moving average price of $45.56 and a 200 day moving average price of $44.65. The stock has a market cap of $663.26 million, a P/E ratio of 9.97 and a beta of 0.59.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Nations Financial Group Inc. IA ADV grew its holdings in iShares North American Natural Resources ETF by 4.7% during the second quarter. Nations Financial Group Inc. IA ADV now owns 30,731 shares of the company’s stock worth $1,352,000 after buying an additional 1,384 shares in the last quarter. Rothschild Investment LLC bought a new stake in shares of iShares North American Natural Resources ETF in the 2nd quarter worth $1,483,000. Family Firm Inc. raised its holdings in shares of iShares North American Natural Resources ETF by 79.6% in the second quarter. Family Firm Inc. now owns 481,471 shares of the company’s stock valued at $21,185,000 after purchasing an additional 213,332 shares during the last quarter. Finally, Arkansas Financial Group Inc. bought a new position in shares of iShares North American Natural Resources ETF during the third quarter valued at about $39,097,000.

About iShares North American Natural Resources ETF

(Get Free Report)

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).

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