SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR – Get Free Report) shares saw strong trading volume on Monday . 412,457 shares were traded during mid-day trading, an increase of 48% from the previous session’s volume of 279,011 shares.The stock last traded at $48.92 and had previously closed at $49.11.
SPDR S&P Global Natural Resources ETF Price Performance
The stock’s 50-day moving average price is $54.42 and its 200 day moving average price is $55.39. The firm has a market cap of $2.87 billion, a P/E ratio of 7.30 and a beta of 0.83.
Institutional Trading of SPDR S&P Global Natural Resources ETF
Institutional investors and hedge funds have recently bought and sold shares of the stock. Principal Financial Group Inc. increased its stake in shares of SPDR S&P Global Natural Resources ETF by 9.5% during the 3rd quarter. Principal Financial Group Inc. now owns 157,622 shares of the company’s stock worth $9,090,000 after purchasing an additional 13,625 shares during the last quarter. Garde Capital Inc. bought a new position in SPDR S&P Global Natural Resources ETF during the third quarter worth about $101,000. Virtu Financial LLC acquired a new position in SPDR S&P Global Natural Resources ETF during the third quarter worth approximately $307,000. Nepc LLC raised its stake in SPDR S&P Global Natural Resources ETF by 12.1% in the third quarter. Nepc LLC now owns 522,131 shares of the company’s stock valued at $30,111,000 after buying an additional 56,191 shares during the period. Finally, MML Investors Services LLC boosted its stake in shares of SPDR S&P Global Natural Resources ETF by 24.8% during the 3rd quarter. MML Investors Services LLC now owns 17,277 shares of the company’s stock worth $996,000 after acquiring an additional 3,429 shares during the period.
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.
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