Leavell Investment Management Inc. Cuts Stock Position in iShares North American Natural Resources ETF $IGE

Leavell Investment Management Inc. trimmed its stake in shares of iShares North American Natural Resources ETF (BATS:IGE) by 2.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,773 shares of the company’s stock after selling 346 shares during the period. Leavell Investment Management Inc.’s holdings in iShares North American Natural Resources ETF were worth $654,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Westside Investment Management Inc. acquired a new position in shares of iShares North American Natural Resources ETF during the 1st quarter worth about $64,000. Cambridge Investment Research Advisors Inc. raised its holdings in shares of iShares North American Natural Resources ETF by 18.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 15,180 shares of the company’s stock valued at $690,000 after acquiring an additional 2,418 shares during the last quarter. CX Institutional lifted its position in shares of iShares North American Natural Resources ETF by 638.5% in the second quarter. CX Institutional now owns 6,388 shares of the company’s stock valued at $283,000 after acquiring an additional 5,523 shares in the last quarter. Q3 Asset Management purchased a new stake in shares of iShares North American Natural Resources ETF during the first quarter worth approximately $953,000. Finally, Jones Financial Companies Lllp raised its stake in iShares North American Natural Resources ETF by 12,081.4% in the 1st 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.

iShares North American Natural Resources ETF Stock Up 6.6%

Shares of BATS IGE opened at $48.00 on Monday. The firm has a 50-day simple moving average of $47.99 and a 200-day simple moving average of $45.27. The stock has a market capitalization of $655.19 million, a price-to-earnings ratio of 16.66 and a beta of 0.79. iShares North American Natural Resources ETF has a 52 week low of $37.56 and a 52 week high of $48.15.

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).