iShares North American Natural Resources ETF (BATS:IGE) Sets New 12-Month High – What’s Next?

Shares of iShares North American Natural Resources ETF (BATS:IGE) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $45.73 and last traded at $45.08, with a volume of 31033 shares. The stock had previously closed at $45.03.

iShares North American Natural Resources ETF Trading Up 0.3 %

The firm has a market cap of $637.01 million, a PE ratio of 9.97 and a beta of 0.59. The business has a fifty day moving average of $44.29 and a 200-day moving average of $44.65.

Hedge Funds Weigh In On iShares North American Natural Resources ETF

Several institutional investors and hedge funds have recently made changes to their positions in IGE. Citizens & Northern Corp purchased a new position in iShares North American Natural Resources ETF during the 4th quarter valued at about $18,736,000. Leavell Investment Management Inc. boosted its position in shares of iShares North American Natural Resources ETF by 11.5% during the fourth quarter. Leavell Investment Management Inc. now owns 12,367 shares of the company’s stock valued at $528,000 after buying an additional 1,280 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of iShares North American Natural Resources ETF by 2,147.5% in the fourth quarter. Jones Financial Companies Lllp now owns 899 shares of the company’s stock worth $38,000 after acquiring an additional 859 shares during the period. Nations Financial Group Inc. IA ADV raised its holdings in shares of iShares North American Natural Resources ETF by 1.3% during the third quarter. Nations Financial Group Inc. IA ADV now owns 31,137 shares of the company’s stock valued at $1,372,000 after purchasing an additional 406 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in iShares North American Natural Resources ETF by 1.2% in the third quarter. JPMorgan Chase & Co. now owns 30,415 shares of the company’s stock worth $1,340,000 after purchasing an additional 366 shares during the last quarter.

About iShares North American Natural Resources ETF

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).