CoreCommodity Natural Resources ETF (NASDAQ:CCNR) Sees Unusually-High Trading Volume – What’s Next?

CoreCommodity Natural Resources ETF (NASDAQ:CCNR) saw an uptick in trading volume on Monday. Approximately 90,137 shares were traded during trading, an increase of 171% from the previous session’s volume of 33,224 shares. The stock last traded at $38.61 and had previously closed at $38.76.

CoreCommodity Natural Resources ETF Stock Performance

The stock has a market cap of $16.82 billion, a P/E ratio of 12.52 and a beta of 38.63. The business’s 50-day moving average price is $40.42 and its 200-day moving average price is $39.84.

Hedge Funds Weigh In On CoreCommodity Natural Resources ETF

A hedge fund recently bought a new position in CoreCommodity Natural Resources ETF stock. Integrated Wealth Concepts LLC purchased a new stake in shares of CoreCommodity Natural Resources ETF (NASDAQ:CCNR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,899 shares of the company’s stock, valued at approximately $71,000.

CoreCommodity Natural Resources ETF Company Profile

The ALPS CoreCommodity Natural Resources ETF (CCNR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks to maximize real returns through an actively managed portfolio of companies from around the globe that are engaged in natural resources, which includes energy, agriculture, as well as base and precious metals and minerals. CCNR was launched on Jul 10, 2024 and is issued by SS&C.