CoreCommodity Natural Resources ETF (NASDAQ:CCNR) Sees Unusually-High Trading Volume – What’s Next?

CoreCommodity Natural Resources ETF (NASDAQ:CCNR) saw unusually-strong trading volume on Monday . Approximately 46,612 shares changed hands during trading, an increase of 206% from the previous session’s volume of 15,221 shares.The stock last traded at $39.7810 and had previously closed at $39.72.

CoreCommodity Natural Resources ETF Price Performance

The firm has a market cap of $15.88 billion, a PE ratio of 12.52 and a beta of 30.62. The business has a 50-day moving average price of $35.86 and a two-hundred day moving average price of $32.39.

CoreCommodity Natural Resources ETF Dividend Announcement

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

Institutional Trading of CoreCommodity Natural Resources ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. OLD Mission Capital LLC grew its position in shares of CoreCommodity Natural Resources ETF by 90.1% in the fourth quarter. OLD Mission Capital LLC now owns 27,833 shares of the company’s stock valued at $912,000 after purchasing an additional 13,195 shares during the period. Royal Bank of Canada purchased a new position in CoreCommodity Natural Resources ETF during the fourth quarter worth about $639,000. MML Investors Services LLC acquired a new stake in CoreCommodity Natural Resources ETF in the 4th quarter worth about $239,000. LPL Financial LLC purchased a new stake in CoreCommodity Natural Resources ETF in the 4th quarter valued at about $417,000. Finally, Jane Street Group LLC acquired a new position in shares of CoreCommodity Natural Resources ETF during the 2nd quarter valued at about $501,000.

About CoreCommodity Natural Resources ETF

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.