Steph & Co. Acquires 39,969 Shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Steph & Co. boosted its holdings in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 84.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 87,041 shares of the company’s stock after acquiring an additional 39,969 shares during the quarter. SPDR S&P Global Natural Resources ETF comprises 2.4% of Steph & Co.’s holdings, making the stock its 10th largest holding. Steph & Co. owned approximately 0.14% of SPDR S&P Global Natural Resources ETF worth $4,931,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Northern Trust Corp boosted its position in shares of SPDR S&P Global Natural Resources ETF by 6.1% during the third quarter. Northern Trust Corp now owns 12,142,148 shares of the company’s stock worth $676,560,000 after buying an additional 693,247 shares during the period. Bank of America Corp DE boosted its holdings in SPDR S&P Global Natural Resources ETF by 3.0% during the 1st quarter. Bank of America Corp DE now owns 4,300,613 shares of the company’s stock valued at $245,522,000 after acquiring an additional 125,407 shares during the period. BlackRock Inc. grew its position in SPDR S&P Global Natural Resources ETF by 1.7% in the 2nd quarter. BlackRock Inc. now owns 1,633,825 shares of the company’s stock valued at $88,080,000 after acquiring an additional 27,851 shares in the last quarter. Pure Financial Advisors LLC increased its stake in SPDR S&P Global Natural Resources ETF by 6.4% during the fourth quarter. Pure Financial Advisors LLC now owns 1,345,323 shares of the company’s stock worth $76,213,000 after purchasing an additional 81,322 shares during the period. Finally, Morgan Stanley lifted its position in shares of SPDR S&P Global Natural Resources ETF by 12.2% during the third quarter. Morgan Stanley now owns 1,295,588 shares of the company’s stock worth $72,190,000 after purchasing an additional 140,925 shares in the last quarter.

SPDR S&P Global Natural Resources ETF Price Performance

Shares of NYSEARCA GNR traded up $0.20 during midday trading on Wednesday, hitting $57.68. The company’s stock had a trading volume of 178,655 shares, compared to its average volume of 400,785. The firm has a market capitalization of $3.35 billion, a price-to-earnings ratio of 7.46 and a beta of 0.87. The business’s fifty day simple moving average is $55.67 and its two-hundred day simple moving average is $55.08. SPDR S&P Global Natural Resources ETF has a 1 year low of $50.85 and a 1 year high of $60.32.

SPDR S&P Global Natural Resources ETF 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.