Citizens & Northern Corp Cuts Position in iShares North American Natural Resources ETF $IGE

Citizens & Northern Corp reduced its holdings in shares of iShares North American Natural Resources ETF (BATS:IGE) by 0.9% in the 2nd quarter, Holdings Channel.com reports. The fund owned 495,124 shares of the company’s stock after selling 4,467 shares during the period. iShares North American Natural Resources ETF makes up approximately 5.9% of Citizens & Northern Corp’s portfolio, making the stock its 3rd largest position. Citizens & Northern Corp’s holdings in iShares North American Natural Resources ETF were worth $21,909,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CX Institutional boosted its holdings in shares of iShares North American Natural Resources ETF by 638.5% in the 2nd quarter. CX Institutional now owns 6,388 shares of the company’s stock valued at $283,000 after buying an additional 5,523 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of iShares North American Natural Resources ETF by 12,081.4% in the first quarter. Jones Financial Companies Lllp now owns 109,511 shares of the company’s stock valued at $4,979,000 after purchasing an additional 108,612 shares during the last quarter. Q3 Asset Management bought a new position in shares of iShares North American Natural Resources ETF during the first quarter worth approximately $953,000. Leavell Investment Management Inc. lifted its holdings in iShares North American Natural Resources ETF by 22.3% during the 1st quarter. Leavell Investment Management Inc. now owns 15,119 shares of the company’s stock worth $687,000 after purchasing an additional 2,752 shares during the last quarter. Finally, Westside Investment Management Inc. acquired a new stake in iShares North American Natural Resources ETF during the 1st quarter worth approximately $64,000.

iShares North American Natural Resources ETF Price Performance

Shares of BATS IGE opened at $47.43 on Wednesday. The firm has a market cap of $647.36 million, a price-to-earnings ratio of 16.66 and a beta of 0.79. The stock’s fifty day moving average price is $47.85 and its two-hundred day moving average price is $45.04. iShares North American Natural Resources ETF has a one year low of $37.56 and a one year high of $48.15.

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).