SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Reaches New 12-Month High – Time to Buy?

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR)’s stock price reached a new 52-week high on Monday . The company traded as high as $63.60 and last traded at $62.92, with a volume of 15901 shares changing hands. The stock had previously closed at $63.38.

SPDR S&P North American Natural Resources ETF Trading Up 0.1%

The stock has a market cap of $648.14 million, a PE ratio of 18.42 and a beta of 1.11. The business’s 50-day moving average price is $59.50 and its 200-day moving average price is $56.00.

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

Several hedge funds and other institutional investors have recently made changes to their positions in NANR. NBC Securities Inc. boosted its position in shares of SPDR S&P North American Natural Resources ETF by 120,100.0% in the 1st quarter. NBC Securities Inc. now owns 1,202 shares of the company’s stock worth $66,000 after purchasing an additional 1,201 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new stake in SPDR S&P North American Natural Resources ETF in the second quarter valued at about $195,000. Horizon Investments LLC boosted its holdings in SPDR S&P North American Natural Resources ETF by 9.0% in the first quarter. Horizon Investments LLC now owns 4,208 shares of the company’s stock worth $234,000 after acquiring an additional 346 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in SPDR S&P North American Natural Resources ETF in the first quarter worth about $805,000. Finally, Fiduciary Alliance LLC grew its stake in shares of SPDR S&P North American Natural Resources ETF by 6.3% during the first quarter. Fiduciary Alliance LLC now owns 47,188 shares of the company’s stock worth $2,620,000 after acquiring an additional 2,778 shares during the last quarter.

About SPDR S&P North American Natural Resources ETF

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.