SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Sees Strong Trading Volume – Here’s Why

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANRGet Free Report) shares saw strong trading volume on Wednesday . 1,045,037 shares were traded during trading, an increase of 1,731% from the previous session’s volume of 57,081 shares.The stock last traded at $81.5860 and had previously closed at $80.56.

SPDR S&P North American Natural Resources ETF Price Performance

The stock has a market capitalization of $917.50 million, a price-to-earnings ratio of 18.42 and a beta of 0.75. The company has a 50-day simple moving average of $73.69 and a two-hundred day simple moving average of $66.86.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of SPDR S&P North American Natural Resources ETF in the fourth quarter valued at approximately $25,000. CoreCap Advisors LLC grew 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 worth $29,000 after buying an additional 174 shares in the last quarter. Root Financial Partners LLC bought a new position in SPDR S&P North American Natural Resources ETF in the 3rd quarter worth approximately $71,000. Triumph Capital Management acquired a new stake in SPDR S&P North American Natural Resources ETF in the 3rd quarter valued at approximately $204,000. Finally, Atlantic Union Bankshares Corp bought a new stake in SPDR S&P North American Natural Resources ETF during the 2nd quarter valued at $195,000.

About SPDR S&P North American Natural Resources ETF

(Get Free Report)

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.

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