iShares North American Natural Resources ETF (BATS:IGE) Reaches New 1-Year High – Here’s Why

iShares North American Natural Resources ETF (BATS:IGE) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $44.40 and last traded at $43.79, with a volume of 257558 shares traded. The stock had previously closed at $44.54.

iShares North American Natural Resources ETF Stock Down 0.8 %

The firm has a market cap of $608.84 million, a P/E ratio of 9.97 and a beta of 0.59. The firm’s 50-day simple moving average is $45.79 and its 200 day simple moving average is $44.68.

Institutional Trading of iShares North American Natural Resources ETF

A number of large investors have recently bought and sold shares of the company. Nations Financial Group Inc. IA ADV grew its stake 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 period. Arkansas Financial Group Inc. purchased a new position in shares of iShares North American Natural Resources ETF in the third quarter worth about $39,097,000. Rothschild Investment LLC bought a new stake in shares of iShares North American Natural Resources ETF in the second quarter valued at approximately $1,483,000. Finally, Family Firm Inc. lifted its stake in shares of iShares North American Natural Resources ETF by 79.6% during 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 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).