SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) Sets New 1-Year High – Here’s What Happened

SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) reached a new 52-week high on Friday . The stock traded as high as $63.00 and last traded at $63.11, with a volume of 101324 shares changing hands. The stock had previously closed at $62.14.

SPDR S&P Global Natural Resources ETF Stock Performance

The company has a market capitalization of $4.12 billion, a PE ratio of 16.16 and a beta of 0.81. The company’s fifty day moving average is $60.58 and its 200-day moving average is $58.21.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Qube Research & Technologies Ltd bought a new position in shares of SPDR S&P Global Natural Resources ETF during the 3rd quarter valued at approximately $28,000. NBT Bank N A NY raised its stake in shares of SPDR S&P Global Natural Resources ETF by 650.0% in the second quarter. NBT Bank N A NY now owns 750 shares of the company’s stock valued at $41,000 after acquiring an additional 650 shares during the period. CWM LLC lifted its holdings in shares of SPDR S&P Global Natural Resources ETF by 140.0% in the 3rd quarter. CWM LLC now owns 864 shares of the company’s stock worth $51,000 after acquiring an additional 504 shares during the last quarter. Smartleaf Asset Management LLC purchased a new position in shares of SPDR S&P Global Natural Resources ETF during the 3rd quarter worth about $79,000. Finally, Private Trust Co. NA grew its holdings in SPDR S&P Global Natural Resources ETF by 294.6% during the 2nd quarter. Private Trust Co. NA now owns 1,815 shares of the company’s stock valued at $98,000 after purchasing an additional 1,355 shares during the last quarter.

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.