iShares North American Natural Resources ETF (BATS:IGE) Hits New 52-Week High at $45.05

Shares of iShares North American Natural Resources ETF (BATS:IGE) hit a new 52-week high during trading on Tuesday . The company traded as high as $45.05 and last traded at $43.78, with a volume of 74707 shares. The stock had previously closed at $45.03.

iShares North American Natural Resources ETF Price Performance

The stock’s 50 day moving average is $44.27 and its 200-day moving average is $44.11. The company has a market capitalization of $617.30 million, a P/E ratio of 9.97 and a beta of 0.59.

Hedge Funds Weigh In On iShares North American Natural Resources ETF

Large investors have recently made changes to their positions in the business. Mcdaniel Terry & Co. bought a new position in iShares North American Natural Resources ETF in the 1st quarter worth about $263,000. Janney Montgomery Scott LLC lifted its stake in shares of iShares North American Natural Resources ETF by 3.6% in the first quarter. Janney Montgomery Scott LLC now owns 9,943 shares of the company’s stock worth $447,000 after buying an additional 350 shares in the last quarter. Cary Street Partners Investment Advisory LLC grew its holdings in shares of iShares North American Natural Resources ETF by 9,202.4% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 11,628 shares of the company’s stock valued at $473,000 after buying an additional 11,503 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its position in shares of iShares North American Natural Resources ETF by 4.7% during the second quarter. Nations Financial Group Inc. IA ADV now owns 30,731 shares of the company’s stock valued at $1,352,000 after acquiring an additional 1,384 shares in the last quarter. Finally, Rothschild Investment LLC purchased a new position in iShares North American Natural Resources ETF in the 2nd quarter worth approximately $1,483,000.

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).