Bristlecone Value Partners LLC Makes New $3.13 Million Investment in SPDR S&P Global Natural Resources ETF $GNR

Bristlecone Value Partners LLC acquired a new stake in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 50,369 shares of the company’s stock, valued at approximately $3,130,000. SPDR S&P Global Natural Resources ETF comprises approximately 3.6% of Bristlecone Value Partners LLC’s investment portfolio, making the stock its 9th largest position.

Other hedge funds have also recently made changes to their positions in the company. Prairiewood Capital LLC raised its holdings in shares of SPDR S&P Global Natural Resources ETF by 5.3% during the fourth quarter. Prairiewood Capital LLC now owns 255,519 shares of the company’s stock valued at $15,878,000 after purchasing an additional 12,800 shares during the last quarter. Asempa Wealth Advisors purchased a new position in shares of SPDR S&P Global Natural Resources ETF during the fourth quarter valued at approximately $491,000. AMG National Trust Bank raised its holdings in shares of SPDR S&P Global Natural Resources ETF by 19.4% during the fourth quarter. AMG National Trust Bank now owns 661,418 shares of the company’s stock valued at $41,101,000 after purchasing an additional 107,652 shares during the last quarter. M&T Bank Corp raised its holdings 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 purchasing an additional 119,300 shares during the last quarter. Finally, Fiduciary Financial Group LLC raised its holdings in shares of SPDR S&P Global Natural Resources ETF by 8.8% during the fourth quarter. Fiduciary Financial Group LLC now owns 137,787 shares of the company’s stock valued at $8,562,000 after purchasing an additional 11,102 shares during the last quarter.

SPDR S&P Global Natural Resources ETF Stock Up 1.2%

GNR opened at $72.06 on Friday. The firm has a 50 day moving average price of $74.00 and a 200-day moving average price of $70.01. SPDR S&P Global Natural Resources ETF has a twelve month low of $53.44 and a twelve month high of $76.14. The stock has a market capitalization of $4.71 billion, a price-to-earnings ratio of 16.16 and a beta of 0.61.

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.