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

Shares of iShares North American Natural Resources ETF (BATS:IGE) hit a new 52-week high on Thursday . The stock traded as high as $60.96 and last traded at $61.0080, with a volume of 6291 shares trading hands. The stock had previously closed at $60.43.

iShares North American Natural Resources ETF Stock Up 0.1%

The firm’s 50-day simple moving average is $54.64 and its 200 day simple moving average is $50.38. The stock has a market capitalization of $832.79 million, a P/E ratio of 16.66 and a beta of 0.79.

Institutional Trading of iShares North American Natural Resources ETF

A number of large investors have recently added to or reduced their stakes in IGE. Westside Investment Management Inc. lifted its position in shares of iShares North American Natural Resources ETF by 481.2% during the 2nd quarter. Westside Investment Management Inc. now owns 8,195 shares of the company’s stock valued at $363,000 after acquiring an additional 6,785 shares during the last quarter. Family Firm Inc. raised its position in shares of iShares North American Natural Resources ETF by 3.4% during the second quarter. Family Firm Inc. now owns 316,622 shares of the company’s stock worth $14,011,000 after purchasing an additional 10,269 shares during the period. Rothschild Investment LLC raised its position in shares of iShares North American Natural Resources ETF by 2.6% during the second quarter. Rothschild Investment LLC now owns 33,390 shares of the company’s stock worth $1,478,000 after purchasing an additional 855 shares during the period. Flow Traders U.S. LLC purchased a new stake in shares of iShares North American Natural Resources ETF during the second quarter valued at $653,000. Finally, Leavell Investment Management Inc. boosted its position in shares of iShares North American Natural Resources ETF by 8.1% in the 3rd quarter. Leavell Investment Management Inc. now owns 15,966 shares of the company’s stock valued at $783,000 after purchasing an additional 1,193 shares during the period.

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). The Index has been developed as an equity benchmark for the United States-traded natural resource related stocks.