Northwestern Mutual Wealth Management Co. Buys 342,954 Shares of SPDR S&P Global Natural Resources ETF $GNR

Northwestern Mutual Wealth Management Co. increased its stake in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 2,951.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 354,574 shares of the company’s stock after purchasing an additional 342,954 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in SPDR S&P Global Natural Resources ETF were worth $22,033,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. First Command Advisory Services Inc. bought a new stake in SPDR S&P Global Natural Resources ETF during the third quarter valued at about $300,016,000. Envestnet Asset Management Inc. increased its holdings in shares of SPDR S&P Global Natural Resources ETF by 2,450.3% in the third quarter. Envestnet Asset Management Inc. now owns 4,646,650 shares of the company’s stock worth $275,128,000 after purchasing an additional 4,464,453 shares during the last quarter. Pure Financial Advisors LLC grew its position in SPDR S&P Global Natural Resources ETF by 4.5% in the fourth quarter. Pure Financial Advisors LLC now owns 2,140,794 shares of the company’s stock worth $133,029,000 after acquiring an additional 91,337 shares in the last quarter. Oxford Financial Group LTD. LLC grew its position in SPDR S&P Global Natural Resources ETF by 1,026.5% in the second quarter. Oxford Financial Group LTD. LLC now owns 1,690,960 shares of the company’s stock worth $91,718,000 after acquiring an additional 1,540,847 shares in the last quarter. Finally, Bank of America Corp DE grew its position in SPDR S&P Global Natural Resources ETF by 0.7% in the third quarter. Bank of America Corp DE now owns 973,346 shares of the company’s stock worth $57,632,000 after acquiring an additional 6,725 shares in the last quarter.

SPDR S&P Global Natural Resources ETF Price Performance

Shares of NYSEARCA:GNR opened at $73.71 on Wednesday. SPDR S&P Global Natural Resources ETF has a 1 year low of $52.50 and a 1 year high of $76.14. The business has a 50 day simple moving average of $73.93 and a two-hundred day simple moving average of $68.35. The firm has a market capitalization of $4.82 billion, a PE ratio of 16.16 and a beta of 0.63.

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.