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

Shares of iShares North American Natural Resources ETF (BATS:IGE) crossed above its 50 day moving average during trading on Monday . The stock has a 50 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.

iShares North American Natural Resources ETF Trading Up 0.9 %

The stock has a market cap of $631.40 million, a price-to-earnings ratio of 9.97 and a beta of 0.59. The company has a 50 day simple moving average of $44.04 and a 200-day simple moving average of $44.39.

Institutional Investors Weigh In On iShares North American Natural Resources ETF

Institutional investors have recently bought and sold shares of the company. Mcdaniel Terry & Co. bought a new stake in shares of iShares North American Natural Resources ETF in the first quarter worth $263,000. Janney Montgomery Scott LLC boosted its stake in shares of iShares North American Natural Resources ETF by 3.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 9,943 shares of the company’s stock worth $447,000 after buying an additional 350 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its holdings in shares of iShares North American Natural Resources ETF by 4.7% in 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 in the last quarter. Rothschild Investment LLC acquired a new stake in shares of iShares North American Natural Resources ETF in the second quarter valued at about $1,483,000. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in iShares North American Natural Resources ETF by 511.7% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 81,673 shares of the company’s stock worth $3,326,000 after acquiring an additional 68,322 shares in 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).