SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Hits New 52-Week High – Still a Buy?

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $91.87 and last traded at $90.9470, with a volume of 4972 shares. The stock had previously closed at $89.65.

SPDR S&P North American Natural Resources ETF Price Performance

The business’s 50 day simple moving average is $82.00 and its 200 day simple moving average is $82.19. The stock has a market cap of $854.73 million, a P/E ratio of 18.42 and a beta of 0.58.

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

Large investors have recently made changes to their positions in the company. Financial Life Planners acquired a new position in shares of SPDR S&P North American Natural Resources ETF in the 1st quarter worth approximately $72,000. Triumph Capital Management acquired a new stake in SPDR S&P North American Natural Resources ETF during the 3rd quarter valued at $204,000. Virtue Capital Management LLC acquired a new stake in SPDR S&P North American Natural Resources ETF during the 4th quarter valued at $268,000. Horizon Investments LLC raised its position in SPDR S&P North American Natural Resources ETF by 46.3% in the 3rd quarter. Horizon Investments LLC now owns 7,152 shares of the company’s stock valued at $462,000 after purchasing an additional 2,265 shares during the last quarter. Finally, Captrust Financial Advisors bought a new position in SPDR S&P North American Natural Resources ETF in the 4th quarter valued at $524,000.

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.