Royal Bank of Canada Raises Position in SPDR S&P Global Natural Resources ETF $GNR

Royal Bank of Canada lifted its position in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 12.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 127,247 shares of the company’s stock after acquiring an additional 13,671 shares during the quarter. Royal Bank of Canada owned 0.19% of SPDR S&P Global Natural Resources ETF worth $9,502,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. United Bank boosted its holdings in SPDR S&P Global Natural Resources ETF by 1.3% in the 1st quarter. United Bank now owns 10,805 shares of the company’s stock valued at $807,000 after purchasing an additional 137 shares in the last quarter. Redwood Park Advisors LLC lifted its holdings in shares of SPDR S&P Global Natural Resources ETF by 2.2% in the 4th quarter. Redwood Park Advisors LLC now owns 11,117 shares of the company’s stock valued at $691,000 after buying an additional 244 shares during the period. Signaturefd LLC lifted its holdings in shares of SPDR S&P Global Natural Resources ETF by 166.7% in the 4th quarter. Signaturefd LLC now owns 400 shares of the company’s stock valued at $25,000 after buying an additional 250 shares during the period. Sequoia Financial Advisors LLC boosted its stake in shares of SPDR S&P Global Natural Resources ETF by 2.6% in the fourth quarter. Sequoia Financial Advisors LLC now owns 11,132 shares of the company’s stock valued at $692,000 after buying an additional 281 shares in the last quarter. Finally, Summit Financial LLC boosted its stake in shares of SPDR S&P Global Natural Resources ETF by 0.4% in the fourth quarter. Summit Financial LLC now owns 80,865 shares of the company’s stock valued at $5,025,000 after buying an additional 298 shares in the last quarter.

SPDR S&P Global Natural Resources ETF Stock Performance

NYSEARCA:GNR opened at $74.04 on Monday. The stock has a fifty day moving average price of $70.37 and a two-hundred day moving average price of $72.14. The stock has a market capitalization of $4.90 billion, a price-to-earnings ratio of 16.16 and a beta of 0.62. SPDR S&P Global Natural Resources ETF has a 1 year low of $55.18 and a 1 year high of $76.14.

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.