Janney Montgomery Scott LLC reduced its holdings in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR – Free Report) by 55.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,913 shares of the company’s stock after selling 6,208 shares during the period. Janney Montgomery Scott LLC’s holdings in SPDR S&P Global Natural Resources ETF were worth $265,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Northern Trust Corp raised its stake in SPDR S&P Global Natural Resources ETF by 12.9% during the first quarter. Northern Trust Corp now owns 9,145,041 shares of the company’s stock worth $574,126,000 after acquiring an additional 1,044,103 shares in the last quarter. Bank of America Corp DE lifted 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 purchasing an additional 125,407 shares during the last quarter. Bessemer Group Inc. lifted its holdings in SPDR S&P Global Natural Resources ETF by 15.2% during the 1st quarter. Bessemer Group Inc. now owns 2,742,149 shares of the company’s stock valued at $156,550,000 after purchasing an additional 360,945 shares during the last quarter. Richard Bernstein Advisors LLC boosted its position in SPDR S&P Global Natural Resources ETF by 5.9% in the first quarter. Richard Bernstein Advisors LLC now owns 1,703,088 shares of the company’s stock valued at $97,229,000 after buying an additional 94,561 shares in the last quarter. Finally, Pure Financial Advisors LLC increased its holdings in shares of SPDR S&P Global Natural Resources ETF by 5.2% during the second quarter. Pure Financial Advisors LLC now owns 1,193,285 shares of the company’s stock worth $64,330,000 after buying an additional 58,772 shares in the last quarter.
SPDR S&P Global Natural Resources ETF Price Performance
Shares of GNR opened at $54.90 on Friday. The company has a market capitalization of $3.38 billion, a P/E ratio of 5.92 and a beta of 1.01. SPDR S&P Global Natural Resources ETF has a one year low of $50.85 and a one year high of $62.08. The business’s 50 day simple moving average is $55.28 and its 200-day simple moving average is $55.16.
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.
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