SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) Hits New 12-Month High – Here’s What Happened

Shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) hit a new 52-week high on Thursday . The stock traded as high as $79.85 and last traded at $79.1540, with a volume of 63688 shares changing hands. The stock had previously closed at $79.06.

SPDR S&P Global Natural Resources ETF Price Performance

The stock has a market cap of $5.26 billion, a PE ratio of 16.16 and a beta of 0.62. The stock’s fifty day moving average is $72.52 and its 200-day moving average is $73.03.

Institutional Trading of SPDR S&P Global Natural Resources ETF

Hedge funds have recently made changes to their positions in the company. First Command Advisory Services Inc. increased its holdings in shares of SPDR S&P Global Natural Resources ETF by 5.8% during the 4th quarter. First Command Advisory Services Inc. now owns 5,359,762 shares of the company’s stock worth $333,056,000 after buying an additional 292,774 shares during the last quarter. Schroder Investment Management Group acquired a new position in SPDR S&P Global Natural Resources ETF in the fourth quarter valued at approximately $155,705,000. Pure Financial Advisors LLC grew its position in SPDR S&P Global Natural Resources ETF by 4.5% in the fourth quarter. Pure Financial Advisors LLC now owns 2,140,794 shares of the company’s stock worth $133,029,000 after acquiring an additional 91,337 shares during the period. Oxford Financial Group LTD. LLC grew its position in SPDR S&P Global Natural Resources ETF by 1,026.5% in the second quarter. Oxford Financial Group LTD. LLC now owns 1,690,960 shares of the company’s stock worth $91,718,000 after acquiring an additional 1,540,847 shares during the period. Finally, Bank of America Corp DE grew its position in SPDR S&P Global Natural Resources ETF by 28.3% in the first quarter. Bank of America Corp DE now owns 1,031,629 shares of the company’s stock worth $77,032,000 after acquiring an additional 227,633 shares during the period.

SPDR S&P Global Natural Resources ETF Company Profile

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.