Royal Bank of Canada Raises Stock Position in SPDR S&P Global Natural Resources ETF $GNR

Royal Bank of Canada grew its stake in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 12.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 127,247 shares of the company’s stock after acquiring an additional 13,671 shares during the period. Royal Bank of Canada’s holdings in SPDR S&P Global Natural Resources ETF were worth $9,502,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Signaturefd LLC grew its holdings in shares of SPDR S&P Global Natural Resources ETF by 166.7% in the 4th quarter. Signaturefd LLC now owns 400 shares of the company’s stock worth $25,000 after acquiring an additional 250 shares during the period. International Assets Investment Management LLC acquired a new stake in SPDR S&P Global Natural Resources ETF in the first quarter valued at $25,000. Qube Research & Technologies Ltd acquired a new stake in SPDR S&P Global Natural Resources ETF in the third quarter valued at $28,000. Cassaday & Co Wealth Management LLC purchased a new position in shares of SPDR S&P Global Natural Resources ETF in the first quarter valued at $29,000. Finally, Cornerstone Planning Group LLC increased its position in shares of SPDR S&P Global Natural Resources ETF by 575.9% in the fourth quarter. Cornerstone Planning Group LLC now owns 534 shares of the company’s stock valued at $33,000 after buying an additional 455 shares in the last quarter.

SPDR S&P Global Natural Resources ETF Price Performance

NYSEARCA:GNR opened at $74.04 on Monday. SPDR S&P Global Natural Resources ETF has a 52-week low of $55.18 and a 52-week high of $76.14. The stock has a fifty day simple moving average of $70.37 and a 200-day simple moving average of $72.14. The company has a market capitalization of $4.90 billion, a PE ratio of 16.16 and a beta of 0.62.

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.