iShares North American Natural Resources ETF (BATS:IGE) Sets New 12-Month High – Here’s What Happened

iShares North American Natural Resources ETF (BATS:IGE)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $45.73 and last traded at $44.78, with a volume of 31033 shares changing hands. The stock had previously closed at $45.03.

iShares North American Natural Resources ETF Stock Performance

The stock has a market cap of $628.45 million, a P/E ratio of 9.97 and a beta of 0.59. The firm’s fifty day simple moving average is $44.74 and its 200-day simple moving average is $44.68.

Hedge Funds Weigh In On iShares North American Natural Resources ETF

A number of hedge funds have recently bought and sold shares of the company. Leavell Investment Management Inc. boosted its position in iShares North American Natural Resources ETF by 11.5% during the fourth quarter. Leavell Investment Management Inc. now owns 12,367 shares of the company’s stock valued at $528,000 after acquiring an additional 1,280 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares North American Natural Resources ETF by 1.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 30,415 shares of the company’s stock valued at $1,340,000 after purchasing an additional 366 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its stake in iShares North American Natural Resources ETF by 1.3% during the third quarter. Nations Financial Group Inc. IA ADV now owns 31,137 shares of the company’s stock worth $1,372,000 after purchasing an additional 406 shares during the period. Finally, Arkansas Financial Group Inc. bought a new stake in iShares North American Natural Resources ETF in the third quarter worth approximately $39,097,000.

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).