Western Wealth Management LLC Sells 1,375 Shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Western Wealth Management LLC cut its holdings in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 24.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,236 shares of the company’s stock after selling 1,375 shares during the period. Western Wealth Management LLC’s holdings in SPDR S&P Global Natural Resources ETF were worth $240,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GNR. National Bank of Canada FI lifted its stake in shares of SPDR S&P Global Natural Resources ETF by 43.1% in the 3rd quarter. National Bank of Canada FI now owns 13,999 shares of the company’s stock valued at $763,000 after acquiring an additional 4,215 shares during the last quarter. AE Wealth Management LLC bought a new position in shares of SPDR S&P Global Natural Resources ETF in the 3rd quarter worth about $693,000. Exchange Traded Concepts LLC bought a new position in shares of SPDR S&P Global Natural Resources ETF in the 3rd quarter worth about $222,000. Warren Street Wealth Advisors LLC increased its position in SPDR S&P Global Natural Resources ETF by 2.6% in the 3rd quarter. Warren Street Wealth Advisors LLC now owns 111,257 shares of the company’s stock valued at $6,199,000 after buying an additional 2,867 shares in the last quarter. Finally, Simplicity Solutions LLC increased its position in SPDR S&P Global Natural Resources ETF by 33.4% in the 3rd quarter. Simplicity Solutions LLC now owns 16,886 shares of the company’s stock valued at $941,000 after buying an additional 4,231 shares in the last quarter.

SPDR S&P Global Natural Resources ETF Stock Performance

GNR stock opened at $58.14 on Tuesday. The company has a market capitalization of $3.38 billion, a P/E ratio of 7.46 and a beta of 0.87. SPDR S&P Global Natural Resources ETF has a 52-week low of $50.85 and a 52-week high of $60.32. The business has a 50-day simple moving average of $56.07 and a two-hundred day simple moving average of $55.20.

About SPDR S&P Global Natural Resources ETF

The SPDR S&P Global Natural Resources ETF (GNR) is an exchange-traded fund that is based on the S&P Global Natural Resources index. The fund tracks an index of global companies in natural resources and\u002For commodity businesses. GNR was launched on Sep 13, 2010 and is managed by State Street.