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

iShares North American Natural Resources ETF (BATS:IGEGet Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $47.32 and last traded at $46.80, with a volume of 35820 shares. The stock had previously closed at $47.27.

iShares North American Natural Resources ETF Trading Down 1.0 %

The stock has a market cap of $659.88 million, a PE ratio of 9.97 and a beta of 0.59. The company’s 50 day moving average is $45.67 and its 200-day moving average is $44.67.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of IGE. Family Firm Inc. boosted its holdings in shares of iShares North American Natural Resources ETF by 79.6% in the 2nd quarter. Family Firm Inc. now owns 481,471 shares of the company’s stock valued at $21,185,000 after buying an additional 213,332 shares during the period. Nations Financial Group Inc. IA ADV boosted its holdings in shares of iShares North American Natural Resources ETF by 4.7% in 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 during the period. Rothschild Investment LLC acquired a new position in iShares North American Natural Resources ETF during the 2nd quarter valued at about $1,483,000. Finally, Arkansas Financial Group Inc. acquired a new position in iShares North American Natural Resources ETF during the 3rd 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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