Midwest Professional Planners LTD. Decreases Stock Position in iShares North American Natural Resources ETF $IGE

Midwest Professional Planners LTD. cut its stake in iShares North American Natural Resources ETF (BATS:IGE) by 13.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 57,384 shares of the company’s stock after selling 8,904 shares during the quarter. Midwest Professional Planners LTD. owned about 0.42% of iShares North American Natural Resources ETF worth $3,612,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of IGE. BNP Paribas Financial Markets raised its stake in shares of iShares North American Natural Resources ETF by 101.0% in the fourth quarter. BNP Paribas Financial Markets now owns 100,500 shares of the company’s stock valued at $5,045,000 after acquiring an additional 50,500 shares during the period. IFP Advisors Inc purchased a new position in shares of iShares North American Natural Resources ETF during the 3rd quarter worth about $1,144,000. Ameriprise Financial Inc. boosted its stake in shares of iShares North American Natural Resources ETF by 50.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 14,752 shares of the company’s stock worth $724,000 after purchasing an additional 4,927 shares during the period. Janney Montgomery Scott LLC grew its holdings in iShares North American Natural Resources ETF by 1.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 9,266 shares of the company’s stock valued at $583,000 after purchasing an additional 171 shares during the last quarter. Finally, Westside Investment Management Inc. grew its holdings in iShares North American Natural Resources ETF by 2.4% during the 4th quarter. Westside Investment Management Inc. now owns 8,495 shares of the company’s stock valued at $428,000 after purchasing an additional 200 shares during the last quarter.

iShares North American Natural Resources ETF Price Performance

iShares North American Natural Resources ETF stock opened at $58.05 on Thursday. The firm has a market capitalization of $792.38 million, a P/E ratio of 16.66 and a beta of 0.79. iShares North American Natural Resources ETF has a 1-year low of $44.36 and a 1-year high of $63.99. The company’s 50-day moving average is $59.27 and its 200 day moving average is $59.05.

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