CoreCommodity Natural Resources ETF (NASDAQ:CCNR) Reaches New 52-Week High – Here’s What Happened

Shares of CoreCommodity Natural Resources ETF (NASDAQ:CCNR) reached a new 52-week high during trading on Monday . The stock traded as high as $34.85 and last traded at $34.8240, with a volume of 619 shares changing hands. The stock had previously closed at $34.53.

CoreCommodity Natural Resources ETF Stock Performance

The company has a market cap of $12.06 billion, a P/E ratio of 12.52 and a beta of 30.62. The stock’s fifty day moving average price is $32.35 and its two-hundred day moving average price is $30.10.

CoreCommodity Natural Resources ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Tuesday, December 9th. Shareholders of record on Monday, December 8th were issued a $1.1419 dividend. This represents a dividend yield of 358.0%. The ex-dividend date of this dividend was Monday, December 8th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC bought a new stake in CoreCommodity Natural Resources ETF during the 2nd quarter worth approximately $501,000. Goldman Sachs Group Inc. acquired a new position in shares of CoreCommodity Natural Resources ETF in the 1st quarter worth approximately $5,103,000. Finally, Joseph Group Capital Management bought a new stake in CoreCommodity Natural Resources ETF during the second quarter valued at $11,920,000.

CoreCommodity Natural Resources ETF Company Profile

The ALPS CoreCommodity Natural Resources ETF (CCNR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks to maximize real returns through an actively managed portfolio of companies from around the globe that are engaged in natural resources, which includes energy, agriculture, as well as base and precious metals and minerals. CCNR was launched on Jul 10, 2024 and is issued by SS&C.