SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Hits New 1-Year High – What’s Next?

Shares of SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) reached a new 52-week high on Monday . The company traded as high as $65.29 and last traded at $64.72, with a volume of 2729 shares traded. The stock had previously closed at $65.00.

SPDR S&P North American Natural Resources ETF Trading Down 0.2%

The business has a fifty day simple moving average of $60.62 and a two-hundred day simple moving average of $56.78. The stock has a market cap of $666.47 million, a PE ratio of 18.42 and a beta of 1.11.

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. grew its stake 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 buying an additional 1,201 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new stake in shares of SPDR S&P North American Natural Resources ETF in the 2nd quarter worth approximately $195,000. Horizon Investments LLC grew its stake in shares of SPDR S&P North American Natural Resources ETF by 9.0% in the 1st quarter. Horizon Investments LLC now owns 4,208 shares of the company’s stock worth $234,000 after buying an additional 346 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of SPDR S&P North American Natural Resources ETF in the 1st quarter worth approximately $805,000. Finally, Fiduciary Alliance LLC grew its stake in shares of SPDR S&P North American Natural Resources ETF by 6.3% in the 1st quarter. Fiduciary Alliance LLC now owns 47,188 shares of the company’s stock worth $2,620,000 after buying 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.