SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Hits New 52-Week High – Should You Buy?

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR)’s share price reached a new 52-week high on Thursday . The stock traded as high as $91.87 and last traded at $90.9470, with a volume of 4972 shares. The stock had previously closed at $89.65.

SPDR S&P North American Natural Resources ETF Stock Down 1.0%

The stock has a market capitalization of $844.96 million, a PE ratio of 18.42 and a beta of 0.60. The business’s fifty day moving average is $82.58 and its 200-day moving average is $82.31.

Institutional Trading of SPDR S&P North American Natural Resources ETF

A number of large investors have recently modified their holdings of NANR. Financial Life Planners bought a new position in SPDR S&P North American Natural Resources ETF during the first quarter valued at about $72,000. Triumph Capital Management acquired a new position in SPDR S&P North American Natural Resources ETF in the third quarter worth approximately $204,000. Virtue Capital Management LLC acquired a new stake in SPDR S&P North American Natural Resources ETF in the 4th quarter worth approximately $268,000. Horizon Investments LLC lifted its position in shares of SPDR S&P North American Natural Resources ETF by 46.3% during the 3rd quarter. Horizon Investments LLC now owns 7,152 shares of the company’s stock worth $462,000 after purchasing an additional 2,265 shares during the last quarter. Finally, Captrust Financial Advisors acquired a new stake in SPDR S&P North American Natural Resources ETF in the 4th quarter worth $524,000.

SPDR S&P North American Natural Resources ETF Company Profile

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.