iShares North American Natural Resources ETF (BATS:IGE) Reaches New 1-Year High at $46.14

iShares North American Natural Resources ETF (BATS:IGE) hit a new 52-week high on Monday . The stock traded as high as $46.14 and last traded at $46.10, with a volume of 64405 shares traded. The stock had previously closed at $45.77.

iShares North American Natural Resources ETF Price Performance

The stock has a market capitalization of $606.22 million, a price-to-earnings ratio of 9.96 and a beta of 0.63. The company has a 50-day simple moving average of $43.72 and a two-hundred day simple moving average of $41.48.

Hedge Funds Weigh In On iShares North American Natural Resources ETF

A number of institutional investors have recently modified their holdings of IGE. Cambridge Investment Research Advisors Inc. raised its holdings in iShares North American Natural Resources ETF by 6.0% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 13,351 shares of the company’s stock valued at $555,000 after buying an additional 754 shares during the last quarter. Q3 Asset Management acquired a new stake in iShares North American Natural Resources ETF in the third quarter valued at $2,089,000. Advisors Preferred LLC bought a new position in iShares North American Natural Resources ETF during the 4th quarter worth $43,000. Wetzel Investment Advisors Inc. acquired a new position in shares of iShares North American Natural Resources ETF in the fourth quarter worth approximately $41,000. Finally, Cary Street Partners Investment Advisory LLC boosted its holdings in iShares North American Natural Resources ETF by 9,202.4% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 11,628 shares of the company’s stock valued at $473,000 after acquiring an additional 11,503 shares during the last quarter.

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).