Navalign LLC Increases Stake in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Navalign LLC raised its stake in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 20.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,416 shares of the company’s stock after buying an additional 3,415 shares during the quarter. Navalign LLC’s holdings in SPDR S&P Global Natural Resources ETF were worth $1,157,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of GNR. Cornerstone Planning Group LLC purchased a new position in shares of SPDR S&P Global Natural Resources ETF in the second quarter valued at $26,000. Venturi Wealth Management LLC purchased a new position in SPDR S&P Global Natural Resources ETF during the third quarter worth $27,000. Crewe Advisors LLC boosted its stake in SPDR S&P Global Natural Resources ETF by 98.1% during the third quarter. Crewe Advisors LLC now owns 527 shares of the company’s stock worth $29,000 after buying an additional 261 shares during the period. New Republic Capital LLC purchased a new position in SPDR S&P Global Natural Resources ETF during the second quarter worth $30,000. Finally, Brown Brothers Harriman & Co. purchased a new position in SPDR S&P Global Natural Resources ETF during the first quarter worth $50,000.

SPDR S&P Global Natural Resources ETF Stock Performance

NYSEARCA GNR traded up $0.31 on Thursday, hitting $57.91. 2,218,163 shares of the stock were exchanged, compared to its average volume of 439,950. The stock has a fifty day moving average price of $54.18 and a two-hundred day moving average price of $54.85. The firm has a market capitalization of $3.56 billion, a P/E ratio of 5.92 and a beta of 1.01. SPDR S&P Global Natural Resources ETF has a 52-week low of $50.85 and a 52-week high of $59.31.

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.