Duff & Phelps Investment Management Co. increased its stake in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR – Free Report) by 67.7% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 49,400 shares of the company’s stock after acquiring an additional 19,950 shares during the quarter. Duff & Phelps Investment Management Co.’s holdings in SPDR S&P Global Natural Resources ETF were worth $2,679,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. NBT Bank N A NY grew its stake in SPDR S&P Global Natural Resources ETF by 650.0% in the 2nd quarter. NBT Bank N A NY now owns 750 shares of the company’s stock worth $41,000 after acquiring an additional 650 shares in the last quarter. IFP Advisors Inc boosted its holdings in shares of SPDR S&P Global Natural Resources ETF by 100.0% in the first quarter. IFP Advisors Inc now owns 1,000 shares of the company’s stock valued at $53,000 after purchasing an additional 500 shares during the period. Stone House Investment Management LLC bought a new position in SPDR S&P Global Natural Resources ETF in the first quarter worth approximately $87,000. Private Trust Co. NA grew its stake in SPDR S&P Global Natural Resources ETF by 294.6% in the second quarter. Private Trust Co. NA now owns 1,815 shares of the company’s stock worth $98,000 after purchasing an additional 1,355 shares in the last quarter. Finally, Farther Finance Advisors LLC purchased a new position in SPDR S&P Global Natural Resources ETF during the 2nd quarter worth $202,000.
SPDR S&P Global Natural Resources ETF Stock Down 1.3%
Shares of NYSEARCA GNR opened at $59.50 on Tuesday. SPDR S&P Global Natural Resources ETF has a twelve month low of $45.18 and a twelve month high of $61.19. The business has a fifty day simple moving average of $59.02 and a two-hundred day simple moving average of $56.39. The firm has a market cap of $3.88 billion, a PE ratio of 16.16 and a beta of 0.81.
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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