iShares North American Natural Resources ETF (BATS:IGE) Hits New 52-Week High – Here’s What Happened

iShares North American Natural Resources ETF (BATS:IGE) shares hit a new 52-week high during trading on Thursday . The company traded as high as $45.73 and last traded at $45.71, with a volume of 31033 shares. The stock had previously closed at $45.03.

iShares North American Natural Resources ETF Stock Up 2.5 %

The stock has a market cap of $650.86 million, a PE ratio of 9.97 and a beta of 0.59. The business has a 50 day moving average price of $44.87 and a 200 day moving average price of $44.60.

Hedge Funds Weigh In On iShares North American Natural Resources ETF

Several institutional investors have recently made changes to their positions in IGE. JPMorgan Chase & Co. increased its holdings in iShares North American Natural Resources ETF by 1.2% in the third quarter. JPMorgan Chase & Co. now owns 30,415 shares of the company’s stock valued at $1,340,000 after buying an additional 366 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its position in shares of iShares North American Natural Resources ETF by 1.3% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 31,137 shares of the company’s stock valued at $1,372,000 after acquiring an additional 406 shares during the period. Finally, Arkansas Financial Group Inc. purchased a new position in shares of iShares North American Natural Resources ETF in the 3rd quarter valued at about $39,097,000.

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).