iShares North American Natural Resources ETF (BATS:IGE) Reaches New 52-Week High at $44.81

iShares North American Natural Resources ETF (BATS:IGE) hit a new 52-week high on Monday . The stock traded as high as $44.81 and last traded at $45.15, with a volume of 41180 shares trading hands. The stock had previously closed at $44.70.

iShares North American Natural Resources ETF Stock Performance

The business has a 50 day simple moving average of $44.40 and a 200-day simple moving average of $43.02. The firm has a market cap of $636.76 million, a price-to-earnings ratio of 9.97 and a beta of 0.59.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Wetzel Investment Advisors Inc. purchased a new position in iShares North American Natural Resources ETF in the fourth quarter valued at approximately $41,000. Advisors Preferred LLC bought a new stake in shares of iShares North American Natural Resources ETF in the fourth quarter valued at $43,000. Mcdaniel Terry & Co. purchased a new position in shares of iShares North American Natural Resources ETF during the 1st quarter valued at $263,000. Janney Montgomery Scott LLC lifted its position in shares of iShares North American Natural Resources ETF by 3.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 9,943 shares of the company’s stock valued at $447,000 after buying an additional 350 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC grew its stake in shares of iShares North American Natural Resources ETF by 9,202.4% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 11,628 shares of the company’s stock worth $473,000 after acquiring an additional 11,503 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).