SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Sees Unusually-High Trading Volume – Time to Buy?

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) shares saw an uptick in trading volume on Thursday . 76,060 shares changed hands during mid-day trading, an increase of 14% from the previous session’s volume of 66,872 shares.The stock last traded at $83.13 and had previously closed at $83.37.

SPDR S&P North American Natural Resources ETF Price Performance

The company has a market capitalization of $789.79 million, a price-to-earnings ratio of 18.42 and a beta of 0.57. The business’s 50 day simple moving average is $82.91 and its 200 day simple moving average is $74.90.

Institutional Investors Weigh In On SPDR S&P North American Natural Resources ETF

A number of institutional investors and hedge funds have recently bought and sold shares of NANR. Kohmann Bosshard Financial Services LLC acquired a new stake in SPDR S&P North American Natural Resources ETF in the 4th quarter valued at about $25,000. CoreCap Advisors LLC lifted its holdings in SPDR S&P North American Natural Resources ETF by 62.8% in the 3rd quarter. CoreCap Advisors LLC now owns 451 shares of the company’s stock valued at $29,000 after acquiring an additional 174 shares during the last quarter. Root Financial Partners LLC acquired a new stake in SPDR S&P North American Natural Resources ETF in the 3rd quarter valued at about $71,000. Financial Life Planners acquired a new stake in SPDR S&P North American Natural Resources ETF in the 1st quarter valued at about $72,000. Finally, Triumph Capital Management acquired a new stake in SPDR S&P North American Natural Resources ETF in the 3rd quarter valued at about $204,000.

SPDR S&P North American Natural Resources ETF Company Profile

The SPDR S&P North American Natural Resources ETF (NANR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of US & Canadian firms involved in natural resources and commodities businesses. NANR was launched on Dec 15, 2015 and is managed by State Street.