IFP Advisors Inc Invests $1.14 Million in iShares North American Natural Resources ETF $IGE

IFP Advisors Inc purchased a new position in shares of iShares North American Natural Resources ETF (BATS:IGE) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 23,316 shares of the company’s stock, valued at approximately $1,144,000. IFP Advisors Inc owned about 0.17% of iShares North American Natural Resources ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Advisors Preferred LLC acquired a new position in iShares North American Natural Resources ETF in the 3rd quarter valued at $35,000. Peterson Wealth Services lifted its stake in shares of iShares North American Natural Resources ETF by 575.2% in the 3rd quarter. Peterson Wealth Services now owns 2,910 shares of the company’s stock worth $143,000 after acquiring an additional 2,479 shares during the period. NewEdge Advisors LLC lifted its stake 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. Ameriprise Financial Inc. boosted its holdings 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 acquiring an additional 4,927 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in shares of iShares North American Natural Resources ETF in the second quarter valued at about $653,000.

iShares North American Natural Resources ETF Stock Down 1.0%

Shares of iShares North American Natural Resources ETF stock opened at $59.79 on Monday. The firm has a market cap of $816.13 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 $63.99. The company’s 50-day simple moving average is $58.92 and its 200-day simple moving average is $52.56.

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.