MBA Advisors LLC Takes $1.22 Million Position in SPDR S&P Global Natural Resources ETF $GNR

MBA Advisors LLC purchased a new stake in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) in the second quarter, HoldingsChannel.com reports. The firm purchased 18,165 shares of the company’s stock, valued at approximately $1,223,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GNR. International Assets Investment Management LLC acquired a new position in shares of SPDR S&P Global Natural Resources ETF in the first quarter worth about $25,000. Western Wealth Management LLC bought a new position in SPDR S&P Global Natural Resources ETF during the first quarter worth $27,000. Cassaday & Co Wealth Management LLC bought a new position in shares of SPDR S&P Global Natural Resources ETF in the 1st quarter worth about $29,000. Qube Research & Technologies Ltd bought a new position in SPDR S&P Global Natural Resources ETF in the third quarter worth about $28,000. Finally, Arax Advisory Partners acquired a new position in SPDR S&P Global Natural Resources ETF during the 4th quarter valued at approximately $35,000.

SPDR S&P Global Natural Resources ETF Stock Performance

SPDR S&P Global Natural Resources ETF stock opened at $79.06 on Thursday. SPDR S&P Global Natural Resources ETF has a one year low of $57.23 and a one year high of $79.49. The company has a 50-day simple moving average of $72.52 and a 200-day simple moving average of $73.03. The firm has a market capitalization of $5.23 billion, a P/E ratio of 16.16 and a beta of 0.62.

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.