iShares North American Natural Resources ETF (BATS:IGE) Reaches New 52-Week High at $40.37

Shares of iShares North American Natural Resources ETF (BATS:IGE) reached a new 52-week high during trading on Monday . The stock traded as high as $40.37 and last traded at $40.22, with a volume of 194278 shares. The stock had previously closed at $40.16.

iShares North American Natural Resources ETF Price Performance

The firm’s 50 day moving average is $41.04 and its 200 day moving average is $40.05. The company has a market capitalization of $573.14 million, a PE ratio of 9.32 and a beta of 1.25.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. One Capital Management LLC increased its position in iShares North American Natural Resources ETF by 8.6% during the 4th quarter. One Capital Management LLC now owns 103,932 shares of the company’s stock valued at $4,226,000 after purchasing an additional 8,226 shares during the period. Q3 Asset Management purchased a new position in iShares North American Natural Resources ETF during the 3rd quarter valued at $2,089,000. Rothschild Investment Corp IL boosted its holdings in shares of iShares North American Natural Resources ETF by 2.4% during the 2nd quarter. Rothschild Investment Corp IL now owns 34,080 shares of the company’s stock valued at $1,323,000 after buying an additional 800 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares North American Natural Resources ETF by 931.4% during the 4th quarter. JPMorgan Chase & Co. now owns 30,736 shares of the company’s stock valued at $1,249,000 after buying an additional 27,756 shares in the last quarter. Finally, Marshall Wace LLP bought a new stake in shares of iShares North American Natural Resources ETF during the 3rd quarter valued at $960,000.

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).