iShares North American Natural Resources ETF (BATS:IGE) Share Price Cross Below 200 Day Moving Average – Here’s What Happened

iShares North American Natural Resources ETF (BATS:IGEGet Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $59.68 and traded as low as $59.13. iShares North American Natural Resources ETF shares last traded at $60.03, with a volume of 47,446 shares traded.

iShares North American Natural Resources ETF Trading Down 0.0%

The firm’s fifty day moving average price is $58.74 and its 200-day moving average price is $59.68. The company has a market cap of $819.41 million, a P/E ratio of 16.66 and a beta of 0.79.

Institutional Investors Weigh In On iShares North American Natural Resources ETF

Institutional investors have recently added to or reduced their stakes in the company. Ameriprise Financial Inc. increased its stake in iShares North American Natural Resources ETF by 50.1% during the third quarter. Ameriprise Financial Inc. now owns 14,752 shares of the company’s stock valued at $724,000 after acquiring an additional 4,927 shares during the period. NewEdge Advisors LLC lifted its position in shares of iShares North American Natural Resources ETF by 1,344.2% in the 3rd quarter. NewEdge Advisors LLC now owns 4,607 shares of the company’s stock worth $226,000 after acquiring an additional 4,288 shares during the period. Westside Investment Management Inc. lifted its position in shares of iShares North American Natural Resources ETF by 2.4% in the 4th quarter. Westside Investment Management Inc. now owns 8,495 shares of the company’s stock worth $428,000 after acquiring an additional 200 shares during the period. Farther Finance Advisors LLC grew its holdings in shares of iShares North American Natural Resources ETF by 2,675.0% during the 4th quarter. Farther Finance Advisors LLC now owns 555 shares of the company’s stock worth $28,000 after purchasing an additional 535 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in shares of iShares North American Natural Resources ETF by 101.0% during the 4th quarter. BNP Paribas Financial Markets now owns 100,500 shares of the company’s stock worth $5,045,000 after purchasing an additional 50,500 shares in the last quarter.

About iShares North American Natural Resources ETF

(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). The Index has been developed as an equity benchmark for the United States-traded natural resource related stocks.

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