SPDR S&P Global Natural Resources ETF $GNR Shares Newly Purchased by Boltwood Capital Management

Boltwood Capital Management acquired a new position in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) during the 3rd quarter, HoldingsChannel reports. The fund acquired 66,455 shares of the company’s stock, valued at approximately $4,916,000. SPDR S&P Global Natural Resources ETF comprises 1.1% of Boltwood Capital Management’s investment portfolio, making the stock its 27th largest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its stake in shares of SPDR S&P Global Natural Resources ETF by 1.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,956,055 shares of the company’s stock worth $333,592,000 after purchasing an additional 82,044 shares during the last quarter. Bienville Capital Management LLC bought a new stake in shares of SPDR S&P Global Natural Resources ETF in the 2nd quarter worth approximately $877,000. Hedeker Wealth LLC lifted its stake in SPDR S&P Global Natural Resources ETF by 0.9% in the second quarter. Hedeker Wealth LLC now owns 14,642 shares of the company’s stock valued at $986,000 after purchasing an additional 132 shares during the last quarter. Squarepoint Ops LLC lifted its stake in SPDR S&P Global Natural Resources ETF by 68.7% in the second quarter. Squarepoint Ops LLC now owns 4,811 shares of the company’s stock valued at $324,000 after purchasing an additional 1,960 shares during the last quarter. Finally, Tobias Financial Advisors Inc. purchased a new position in SPDR S&P Global Natural Resources ETF in the second quarter valued at approximately $6,777,000.

SPDR S&P Global Natural Resources ETF Stock Performance

NYSEARCA GNR traded up $0.67 on Friday, hitting $74.43. 242,992 shares of the stock traded hands, compared to its average volume of 347,688. The business’s fifty day moving average is $76.11 and its two-hundred day moving average is $73.58. SPDR S&P Global Natural Resources ETF has a 12 month low of $57.24 and a 12 month high of $80.58. The firm has a market capitalization of $5.09 billion, a price-to-earnings ratio of 16.16 and a beta of 0.64.

About SPDR S&P Global Natural Resources ETF

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.