CoreCommodity Natural Resources ETF (NASDAQ:CCNR) Sets New 1-Year High – Here’s Why

CoreCommodity Natural Resources ETF (NASDAQ:CCNRGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $40.92 and last traded at $39.14, with a volume of 1010 shares. The stock had previously closed at $39.51.

CoreCommodity Natural Resources ETF Trading Down 0.2%

The stock’s 50 day moving average price is $35.43 and its two-hundred day moving average price is $32.12. The firm has a market capitalization of $15.46 billion, a price-to-earnings ratio of 12.52 and a beta of 30.62.

CoreCommodity Natural Resources ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Tuesday, December 9th. Stockholders of record on Monday, December 8th were given a dividend of $1.1419 per share. This represents a dividend yield of 358.0%. The ex-dividend date was Monday, December 8th.

Institutional Trading of CoreCommodity Natural Resources ETF

A number of institutional investors have recently bought and sold shares of CCNR. Joseph Group Capital Management purchased a new position in shares of CoreCommodity Natural Resources ETF in the second quarter valued at $11,920,000. Goldman Sachs Group Inc. acquired a new stake in CoreCommodity Natural Resources ETF in the 1st quarter valued at about $5,103,000. Royal Bank of Canada acquired a new stake in CoreCommodity Natural Resources ETF in the 4th quarter valued at about $639,000. Jane Street Group LLC purchased a new position in CoreCommodity Natural Resources ETF during the 2nd quarter valued at about $501,000. Finally, LPL Financial LLC acquired a new position in CoreCommodity Natural Resources ETF during the fourth quarter worth about $417,000.

About CoreCommodity Natural Resources ETF

(Get Free Report)

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.

Further Reading

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