Quantitative Investment Management LLC Makes New Investment in iShares North American Natural Resources ETF $IGE

Quantitative Investment Management LLC bought a new position in shares of iShares North American Natural Resources ETF (BATS:IGE) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 45,413 shares of the company’s stock, valued at approximately $1,532,000. Quantitative Investment Management LLC owned 0.33% of iShares North American Natural Resources ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IGE. Ameriprise Financial Inc. boosted its stake in shares of iShares North American Natural Resources ETF by 50.1% in the third quarter. Ameriprise Financial Inc. now owns 14,752 shares of the company’s stock valued at $724,000 after buying an additional 4,927 shares during the period. NewEdge Advisors LLC grew its position in iShares North American Natural Resources ETF by 1,344.2% during the third quarter. NewEdge Advisors LLC now owns 4,607 shares of the company’s stock worth $226,000 after buying an additional 4,288 shares in the last quarter. Farther Finance Advisors LLC increased its stake in 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 acquiring an additional 535 shares during the period. BNP Paribas Financial Markets increased its stake in 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 acquiring an additional 50,500 shares during the period. Finally, Nalls Sherbakoff Group LLC acquired a new position in iShares North American Natural Resources ETF in the 4th quarter valued at $53,000.

iShares North American Natural Resources ETF Stock Performance

BATS:IGE opened at $65.87 on Tuesday. The stock has a fifty day moving average price of $60.36 and a 200-day moving average price of $60.80. The company has a market cap of $899.13 million, a price-to-earnings ratio of 16.66 and a beta of 0.79. iShares North American Natural Resources ETF has a fifty-two week low of $46.65 and a fifty-two week high of $66.71.

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