CoreCommodity Natural Resources ETF (NASDAQ:CCNR) Sees Large Volume Increase – Here’s Why

CoreCommodity Natural Resources ETF (NASDAQ:CCNR) shares saw unusually-strong trading volume on Wednesday . Approximately 420,240 shares traded hands during mid-day trading, an increase of 1,149% from the previous session’s volume of 33,634 shares.The stock last traded at $26.16 and had previously closed at $26.05.

CoreCommodity Natural Resources ETF Trading Up 0.4%

The firm has a 50-day moving average of $24.19 and a 200 day moving average of $24.03. The company has a market cap of $9.66 billion and a P/E ratio of 11.74.

Institutional Trading of CoreCommodity Natural Resources ETF

An institutional investor recently bought a new position in CoreCommodity Natural Resources ETF stock. Goldman Sachs Group Inc. bought a new position in shares of CoreCommodity Natural Resources ETF (NASDAQ:CCNR) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 210,580 shares of the company’s stock, valued at approximately $5,103,000. Goldman Sachs Group Inc. owned approximately 0.06% of CoreCommodity Natural Resources ETF as of its most recent SEC filing.

CoreCommodity Natural Resources ETF Company Profile

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.