Thrivent Financial for Lutherans Makes New Investment in SPDR S&P Global Natural Resources ETF $GNR

Thrivent Financial for Lutherans acquired a new position in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 167,456 shares of the company’s stock, valued at approximately $10,406,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Navalign LLC bought a new position in SPDR S&P Global Natural Resources ETF during the fourth quarter worth $187,000. Pure Financial Advisors LLC lifted its holdings in shares of SPDR S&P Global Natural Resources ETF by 4.5% during the fourth quarter. Pure Financial Advisors LLC now owns 2,140,794 shares of the company’s stock worth $133,029,000 after buying an additional 91,337 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of SPDR S&P Global Natural Resources ETF by 2.6% in the fourth quarter. Sequoia Financial Advisors LLC now owns 11,132 shares of the company’s stock valued at $692,000 after acquiring an additional 281 shares during the period. Sachetta LLC boosted its position in shares of SPDR S&P Global Natural Resources ETF by 1.1% in the fourth quarter. Sachetta LLC now owns 209,044 shares of the company’s stock valued at $12,990,000 after acquiring an additional 2,222 shares during the period. Finally, Cornerstone Planning Group LLC boosted its position in shares of SPDR S&P Global Natural Resources ETF by 575.9% in the fourth quarter. Cornerstone Planning Group LLC now owns 534 shares of the company’s stock valued at $33,000 after acquiring an additional 455 shares during the period.

SPDR S&P Global Natural Resources ETF Stock Performance

Shares of SPDR S&P Global Natural Resources ETF stock opened at $73.71 on Wednesday. The firm has a 50-day moving average of $73.93 and a 200-day moving average of $68.35. The stock has a market cap of $4.82 billion, a PE ratio of 16.16 and a beta of 0.63. SPDR S&P Global Natural Resources ETF has a 52-week low of $52.50 and a 52-week high of $76.14.

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.