SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) saw an uptick in trading volume on Tuesday . 292,211 shares were traded during mid-day trading, an increase of 23% from the previous session’s volume of 237,449 shares.The stock last traded at $66.5660 and had previously closed at $66.54.

SPDR S&P Global Natural Resources ETF Stock Up 0.0%

The company has a market capitalization of $4.09 billion, a P/E ratio of 16.16 and a beta of 0.81. The firm has a 50-day moving average price of $62.05 and a two-hundred day moving average price of $59.13.

Hedge Funds Weigh In On SPDR S&P Global Natural Resources ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. First Command Advisory Services Inc. bought a new position in shares of SPDR S&P Global Natural Resources ETF during the 3rd quarter worth approximately $300,016,000. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR S&P Global Natural Resources ETF by 2,450.3% during the third quarter. Envestnet Asset Management Inc. now owns 4,646,650 shares of the company’s stock valued at $275,128,000 after acquiring an additional 4,464,453 shares during the period. Pure Financial Advisors LLC boosted its stake in shares of SPDR S&P Global Natural Resources ETF by 5.0% in the 3rd quarter. Pure Financial Advisors LLC now owns 2,049,457 shares of the company’s stock valued at $121,348,000 after purchasing an additional 96,855 shares in the last quarter. Oxford Financial Group LTD. LLC grew its holdings in shares of SPDR S&P Global Natural Resources ETF by 1,026.5% in the 2nd quarter. Oxford Financial Group LTD. LLC now owns 1,690,960 shares of the company’s stock worth $91,718,000 after purchasing an additional 1,540,847 shares during the last quarter. Finally, Bank of America Corp DE increased its position in shares of SPDR S&P Global Natural Resources ETF by 0.7% during the 3rd quarter. Bank of America Corp DE now owns 973,346 shares of the company’s stock worth $57,632,000 after purchasing an additional 6,725 shares in the last quarter.

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.