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

Posted by Stephan Jacobs on Dec 16th, 2024

iShares North American Natural Resources ETF (BATS:IGE – Get Free Report) shares reached a new 52-week high on Monday . The company traded as high as $44.40 and last traded at $43.79, with a volume of 257558 shares traded. The stock had previously closed at $44.54.

iShares North American Natural Resources ETF Stock Performance

The stock has a market capitalization of $617.44 million, a P/E ratio of 9.97 and a beta of 0.59. The stock’s fifty day simple moving average is $45.87 and its two-hundred day simple moving average is $44.70.

Institutional Trading of iShares North American Natural Resources ETF

Hedge funds have recently modified their holdings of the business. Nations Financial Group Inc. IA ADV lifted its position in iShares North American Natural Resources ETF by 4.7% during the 2nd 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 during the period. Rothschild Investment LLC bought a new position in shares of iShares North American Natural Resources ETF during the second quarter valued at approximately $1,483,000. Family Firm Inc. lifted its holdings in shares of iShares North American Natural Resources ETF by 79.6% during the second quarter. Family Firm Inc. now owns 481,471 shares of the company’s stock valued at $21,185,000 after purchasing an additional 213,332 shares during the last quarter. Finally, Arkansas Financial Group Inc. bought a new stake in shares of iShares North American Natural Resources ETF in the 3rd quarter worth approximately $39,097,000.

iShares North American Natural Resources ETF Company Profile

(Get Free Report)

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).