SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Reaches New 52-Week High – Should You Buy?

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANRGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $89.60 and last traded at $88.79, with a volume of 15870 shares changing hands. The stock had previously closed at $86.74.

SPDR S&P North American Natural Resources ETF Price Performance

The firm has a 50-day moving average of $80.11 and a 200 day moving average of $81.57. The company has a market capitalization of $853.65 million, a PE ratio of 18.42 and a beta of 0.58.

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

A number of institutional investors have recently made changes to their positions in the stock. Kohmann Bosshard Financial Services LLC bought a new stake in shares of SPDR S&P North American Natural Resources ETF in the fourth quarter worth approximately $25,000. Financial Life Planners bought a new position in SPDR S&P North American Natural Resources ETF during the first quarter valued at approximately $72,000. Horizon Investments LLC lifted its position in SPDR S&P North American Natural Resources ETF by 17.1% during the fourth quarter. Horizon Investments LLC now owns 8,372 shares of the company’s stock valued at $568,000 after purchasing an additional 1,220 shares during the period. Triumph Capital Management purchased a new stake in SPDR S&P North American Natural Resources ETF in the third quarter worth approximately $204,000. Finally, Virtue Capital Management LLC purchased a new stake in SPDR S&P North American Natural Resources ETF in the fourth quarter worth approximately $268,000.

SPDR S&P North American Natural Resources ETF Company Profile

(Get Free Report)

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.

Further Reading

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