Pure Financial Advisors LLC Boosts Stock Position in SPDR S&P Global Natural Resources ETF $GNR

Pure Financial Advisors LLC lifted its stake in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 5.0% in the third quarter, Holdings Channel.com reports. The fund owned 2,049,457 shares of the company’s stock after purchasing an additional 96,855 shares during the period. SPDR S&P Global Natural Resources ETF makes up approximately 1.9% of Pure Financial Advisors LLC’s portfolio, making the stock its 13th biggest position. Pure Financial Advisors LLC’s holdings in SPDR S&P Global Natural Resources ETF were worth $121,348,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Oxford Financial Group LTD. LLC boosted its stake in SPDR S&P Global Natural Resources ETF by 1,026.5% in the 2nd quarter. Oxford Financial Group LTD. LLC now owns 1,690,960 shares of the company’s stock worth $91,718,000 after purchasing an additional 1,540,847 shares during the period. Bank of America Corp DE boosted its position in shares of SPDR S&P Global Natural Resources ETF by 41.7% in the second quarter. Bank of America Corp DE now owns 966,621 shares of the company’s stock valued at $52,430,000 after acquiring an additional 284,392 shares during the period. Empowered Funds LLC bought a new position in shares of SPDR S&P Global Natural Resources ETF in the first quarter valued at approximately $6,147,000. Flow Traders U.S. LLC bought a new stake in SPDR S&P Global Natural Resources ETF during the 2nd quarter worth approximately $4,685,000. Finally, Ameriprise Financial Inc. increased its holdings in SPDR S&P Global Natural Resources ETF by 226.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 116,098 shares of the company’s stock worth $6,298,000 after acquiring an additional 80,526 shares during the period.

SPDR S&P Global Natural Resources ETF Price Performance

Shares of NYSEARCA:GNR opened at $62.06 on Tuesday. The firm has a fifty day moving average price of $60.37 and a two-hundred day moving average price of $58.10. The company has a market cap of $4.05 billion, a price-to-earnings ratio of 16.16 and a beta of 0.81. SPDR S&P Global Natural Resources ETF has a one year low of $45.18 and a one year high of $62.96.

About SPDR S&P Global Natural Resources ETF

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.