SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) Sees Large Volume Increase

Shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) saw an uptick in trading volume on Thursday . 2,166,339 shares traded hands during trading, an increase of 393% from the previous session’s volume of 439,073 shares.The stock last traded at $57.85 and had previously closed at $57.60.

SPDR S&P Global Natural Resources ETF Stock Performance

The stock has a market capitalization of $3.56 billion, a P/E ratio of 5.92 and a beta of 1.01. The stock has a 50 day moving average of $54.08 and a 200 day moving average of $54.83.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Northern Trust Corp lifted its holdings in shares of SPDR S&P Global Natural Resources ETF by 31.3% during the fourth quarter. Northern Trust Corp now owns 15,947,819 shares of the company’s stock valued at $903,444,000 after purchasing an additional 3,805,671 shares during the last quarter. Richard Bernstein Advisors LLC lifted its holdings in shares of SPDR S&P Global Natural Resources ETF by 1,341,895.9% during the third quarter. Richard Bernstein Advisors LLC now owns 657,578 shares of the company’s stock valued at $36,640,000 after purchasing an additional 657,529 shares during the last quarter. 1832 Asset Management L.P. lifted its holdings in shares of SPDR S&P Global Natural Resources ETF by 134.0% during the fourth quarter. 1832 Asset Management L.P. now owns 971,679 shares of the company’s stock valued at $55,046,000 after purchasing an additional 556,401 shares during the last quarter. Tradewinds Capital Management LLC purchased a new stake in shares of SPDR S&P Global Natural Resources ETF during the fourth quarter valued at $27,429,000. Finally, Victory Capital Management Inc. purchased a new stake in shares of SPDR S&P Global Natural Resources ETF during the fourth quarter valued at $19,051,000.

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.