435,418 Shares in SPDR S&P Global Natural Resources ETF $GNR Purchased by Capital Wealth Management LLC

Capital Wealth Management LLC acquired a new position in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 435,418 shares of the company’s stock, valued at approximately $29,308,000. SPDR S&P Global Natural Resources ETF makes up about 6.1% of Capital Wealth Management LLC’s investment portfolio, making the stock its 6th largest holding. Capital Wealth Management LLC owned about 0.66% of SPDR S&P Global Natural Resources ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pure Financial Advisors LLC grew its holdings in shares of SPDR S&P Global Natural Resources ETF by 4.5% in the fourth quarter. Pure Financial Advisors LLC now owns 2,140,794 shares of the company’s stock valued at $133,029,000 after acquiring an additional 91,337 shares in the last quarter. M&T Bank Corp increased its position in shares of SPDR S&P Global Natural Resources ETF by 3,019.5% during the fourth quarter. M&T Bank Corp now owns 123,251 shares of the company’s stock valued at $7,659,000 after acquiring an additional 119,300 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in SPDR S&P Global Natural Resources ETF by 2,951.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 354,574 shares of the company’s stock worth $22,033,000 after acquiring an additional 342,954 shares during the period. Private Advisor Group LLC bought a new stake in SPDR S&P Global Natural Resources ETF during the first quarter worth $1,665,000. Finally, Principal Financial Group Inc. lifted its holdings in SPDR S&P Global Natural Resources ETF by 65.2% during the first quarter. Principal Financial Group Inc. now owns 357,075 shares of the company’s stock worth $26,663,000 after acquiring an additional 140,925 shares during the period.

SPDR S&P Global Natural Resources ETF Trading Up 0.1%

GNR stock opened at $78.12 on Wednesday. The stock has a market cap of $5.17 billion, a P/E ratio of 16.16 and a beta of 0.62. The stock’s fifty day simple moving average is $72.28 and its two-hundred day simple moving average is $72.98. SPDR S&P Global Natural Resources ETF has a 1-year low of $57.23 and a 1-year high of $79.49.

SPDR S&P Global Natural Resources ETF 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.