SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Reaches New 1-Year High – Still a Buy?

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $86.58 and last traded at $85.8890, with a volume of 6353 shares traded. The stock had previously closed at $85.40.

SPDR S&P North American Natural Resources ETF Stock Performance

The stock’s 50 day simple moving average is $76.19 and its 200 day simple moving average is $68.27. The firm has a market cap of $958.61 million, a P/E ratio of 18.42 and a beta of 0.75.

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

Several institutional investors have recently made changes to their positions in NANR. Virtue Capital Management LLC purchased a new stake in shares of SPDR S&P North American Natural Resources ETF in the fourth quarter valued at about $268,000. Captrust Financial Advisors purchased a new position in SPDR S&P North American Natural Resources ETF during the fourth quarter worth about $524,000. Rothschild Wealth LLC bought a new stake in SPDR S&P North American Natural Resources ETF in the 4th quarter worth about $4,527,000. Cornerstone Planning Group LLC increased its stake in SPDR S&P North American Natural Resources ETF by 3,764,700.0% in the 4th quarter. Cornerstone Planning Group LLC now owns 188,240 shares of the company’s stock valued at $12,768,000 after buying an additional 188,235 shares during the last quarter. Finally, Horizon Investments LLC increased its stake in SPDR S&P North American Natural Resources ETF by 17.1% in the 4th quarter. Horizon Investments LLC now owns 8,372 shares of the company’s stock valued at $568,000 after buying an additional 1,220 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.