SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) Reaches New 1-Year High – Here’s What Happened

SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) reached a new 52-week high on Wednesday . The stock traded as high as $77.14 and last traded at $77.13, with a volume of 15127 shares. The stock had previously closed at $75.24.

SPDR S&P Global Natural Resources ETF Stock Performance

The firm’s 50 day simple moving average is $70.71 and its 200-day simple moving average is $72.44. The company has a market capitalization of $5.13 billion, a price-to-earnings ratio of 16.16 and a beta of 0.62.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of GNR. International Assets Investment Management LLC acquired a new stake in SPDR S&P Global Natural Resources ETF during the 1st quarter worth about $25,000. Western Wealth Management LLC acquired a new position in shares of SPDR S&P Global Natural Resources ETF in the 1st quarter valued at about $27,000. Qube Research & Technologies Ltd acquired a new position in shares of SPDR S&P Global Natural Resources ETF in the 3rd quarter valued at about $28,000. Cassaday & Co Wealth Management LLC purchased a new stake in shares of SPDR S&P Global Natural Resources ETF in the first quarter worth approximately $29,000. Finally, Cornerstone Planning Group LLC lifted its position in shares of SPDR S&P Global Natural Resources ETF by 575.9% in the fourth quarter. Cornerstone Planning Group LLC now owns 534 shares of the company’s stock worth $33,000 after purchasing an additional 455 shares in the last quarter.

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.