iShares North American Natural Resources ETF (BATS:IGE) Stock Price Cross Above 50 Day Moving Average of $44.04

iShares North American Natural Resources ETF (BATS:IGE) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $44.04 and traded as high as $45.03. iShares North American Natural Resources ETF shares last traded at $44.78, with a volume of 53,040 shares traded.

iShares North American Natural Resources ETF Price Performance

The business’s 50-day moving average is $44.04 and its 200 day moving average is $44.39. The firm has a market capitalization of $631.40 million, a P/E ratio of 9.97 and a beta of 0.59.

Institutional Investors Weigh In On iShares North American Natural Resources ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Family Firm Inc. grew its position in iShares North American Natural Resources ETF by 79.6% in the second quarter. Family Firm Inc. now owns 481,471 shares of the company’s stock valued at $21,185,000 after acquiring an additional 213,332 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of iShares North American Natural Resources ETF by 0.5% during the 1st quarter. BNP Paribas Financial Markets now owns 101,088 shares of the company’s stock valued at $4,548,000 after purchasing an additional 500 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its position in iShares North American Natural Resources ETF by 511.7% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 81,673 shares of the company’s stock worth $3,326,000 after purchasing an additional 68,322 shares in the last quarter. Rothschild Investment LLC bought a new position in iShares North American Natural Resources ETF in the 2nd quarter valued at approximately $1,483,000. Finally, Nations Financial Group Inc. IA ADV boosted its position in iShares North American Natural Resources ETF by 4.7% in 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 buying an additional 1,384 shares in the last quarter.

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).