SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Sees Strong Trading Volume – Time to Buy?

Shares of SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) saw an uptick in trading volume on Friday . 32,825 shares were traded during mid-day trading, an increase of 55% from the previous session’s volume of 21,186 shares.The stock last traded at $52.57 and had previously closed at $52.52.

SPDR S&P North American Natural Resources ETF Stock Performance

The company’s fifty day moving average price is $54.65 and its 200 day moving average price is $55.29. The firm has a market capitalization of $524.85 million, a price-to-earnings ratio of 9.81 and a beta of 0.71.

Institutional Trading of SPDR S&P North American Natural Resources ETF

A hedge fund recently bought a new stake in SPDR S&P North American Natural Resources ETF stock. Flow Traders U.S. LLC bought a new position in SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 4,570 shares of the company’s stock, valued at approximately $259,000.

SPDR S&P North American Natural Resources ETF Company Profile

The SPDR S&P North American Natural Resources ETF (NANR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of US & Canadian firms involved in natural resources and commodities businesses. NANR was launched on Dec 15, 2015 and is managed by State Street.