Continuum Advisory LLC Acquires New Stake in SPDR S&P Global Natural Resources ETF $GNR

Continuum Advisory LLC bought a new position in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) in the second quarter, HoldingsChannel.com reports. The firm bought 80,846 shares of the company’s stock, valued at approximately $5,442,000.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Pure Financial Advisors LLC lifted its stake in SPDR S&P Global Natural Resources ETF by 4.5% in the 4th quarter. Pure Financial Advisors LLC now owns 2,140,794 shares of the company’s stock valued at $133,029,000 after acquiring an additional 91,337 shares in the last quarter. Sunburst Financial Group LLC bought a new position in shares of SPDR S&P Global Natural Resources ETF during the 2nd quarter worth approximately $1,280,000. M&T Bank Corp grew its stake in shares of SPDR S&P Global Natural Resources ETF by 3,019.5% during the 4th quarter. M&T Bank Corp now owns 123,251 shares of the company’s stock worth $7,659,000 after acquiring an additional 119,300 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of SPDR S&P Global Natural Resources ETF by 2,951.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 354,574 shares of the company’s stock worth $22,033,000 after acquiring an additional 342,954 shares in the last quarter. Finally, Boltwood Capital Management raised its holdings in shares of SPDR S&P Global Natural Resources ETF by 36.9% in the second quarter. Boltwood Capital Management now owns 67,202 shares of the company’s stock valued at $4,523,000 after purchasing an additional 18,127 shares during the last quarter.

SPDR S&P Global Natural Resources ETF Stock Up 1.2%

Shares of GNR stock opened at $79.06 on Thursday. The company’s fifty day simple moving average is $72.52 and its 200-day simple moving average is $73.03. The firm has a market cap of $5.23 billion, a PE ratio of 16.16 and a beta of 0.62. SPDR S&P Global Natural Resources ETF has a 12 month low of $57.23 and a 12 month high of $79.49.

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.