Valeo Financial Advisors LLC Acquires New Holdings in SPDR S&P Global Natural Resources ETF $GNR

Valeo Financial Advisors LLC purchased a new position in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) during the 3rd quarter, HoldingsChannel reports. The firm purchased 49,870 shares of the company’s stock, valued at approximately $3,689,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Hedeker Wealth LLC increased its stake in SPDR S&P Global Natural Resources ETF by 0.9% in the second quarter. Hedeker Wealth LLC now owns 14,642 shares of the company’s stock valued at $986,000 after acquiring an additional 132 shares during the last quarter. United Bank grew its position in shares of SPDR S&P Global Natural Resources ETF by 1.3% during the 1st quarter. United Bank now owns 10,805 shares of the company’s stock valued at $807,000 after acquiring an additional 137 shares during the period. International Assets Investment Management LLC purchased a new position in shares of SPDR S&P Global Natural Resources ETF during the 1st quarter valued at $25,000. Western Wealth Management LLC bought a new stake in SPDR S&P Global Natural Resources ETF in the 1st quarter valued at about $27,000. Finally, Cassaday & Co Wealth Management LLC bought a new stake in SPDR S&P Global Natural Resources ETF in the 1st quarter valued at about $29,000.

SPDR S&P Global Natural Resources ETF Price Performance

NYSEARCA:GNR traded up $0.96 on Thursday, reaching $75.09. 73,333 shares of the company’s stock were exchanged, compared to its average volume of 343,863. The firm has a market cap of $5.14 billion, a price-to-earnings ratio of 16.16 and a beta of 0.65. The stock has a fifty day simple moving average of $76.36 and a 200-day simple moving average of $73.64. SPDR S&P Global Natural Resources ETF has a 52 week low of $57.24 and a 52 week high of $80.58.

About SPDR S&P Global Natural Resources ETF

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.