Financial & Tax Architects LLC Makes New Investment in SPDR S&P Global Natural Resources ETF $GNR

Financial & Tax Architects LLC bought a new stake in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) during the first quarter, HoldingsChannel reports. The institutional investor bought 8,303 shares of the company’s stock, valued at approximately $620,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Schroder Investment Management Group bought a new position in shares of SPDR S&P Global Natural Resources ETF during the 4th quarter valued at approximately $155,705,000. Oxford Financial Group LTD. LLC raised its holdings in shares of SPDR S&P Global Natural Resources ETF by 1,026.5% in the 2nd quarter. Oxford Financial Group LTD. LLC now owns 1,690,960 shares of the company’s stock worth $91,718,000 after purchasing an additional 1,540,847 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in SPDR S&P Global Natural Resources ETF by 2,951.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 354,574 shares of the company’s stock valued at $22,033,000 after purchasing an additional 342,954 shares during the last quarter. First Command Advisory Services Inc. lifted its stake in SPDR S&P Global Natural Resources ETF by 5.8% in the fourth quarter. First Command Advisory Services Inc. now owns 5,359,762 shares of the company’s stock valued at $333,056,000 after purchasing an additional 292,774 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in SPDR S&P Global Natural Resources ETF by 41.7% during the second quarter. Bank of America Corp DE now owns 966,621 shares of the company’s stock valued at $52,430,000 after purchasing an additional 284,392 shares during the period.

SPDR S&P Global Natural Resources ETF Trading Up 0.3%

Shares of NYSEARCA GNR opened at $67.31 on Wednesday. The stock has a fifty day simple moving average of $72.55 and a two-hundred day simple moving average of $70.75. SPDR S&P Global Natural Resources ETF has a 1-year low of $53.92 and a 1-year high of $76.14. The firm has a market cap of $4.40 billion, a price-to-earnings ratio of 16.16 and a beta of 0.61.

SPDR S&P Global Natural Resources ETF Company 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.