SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Hits New 1-Year High – What’s Next?

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $65.29 and last traded at $64.72, with a volume of 2729 shares trading hands. The stock had previously closed at $65.00.

SPDR S&P North American Natural Resources ETF Price Performance

The stock has a market cap of $666.47 million, a PE ratio of 18.42 and a beta of 1.11. The business has a fifty day moving average of $60.62 and a 200-day moving average of $56.78.

Institutional Trading of SPDR S&P North American Natural Resources ETF

A number of hedge funds have recently bought and sold shares of the stock. Fiduciary Alliance LLC lifted its holdings in SPDR S&P North American Natural Resources ETF by 6.3% during the first quarter. Fiduciary Alliance LLC now owns 47,188 shares of the company’s stock worth $2,620,000 after buying an additional 2,778 shares during the period. Flow Traders U.S. LLC purchased a new stake in shares of SPDR S&P North American Natural Resources ETF during the 1st quarter valued at $805,000. Horizon Investments LLC lifted its holdings in shares of SPDR S&P North American Natural Resources ETF by 9.0% during the 1st quarter. Horizon Investments LLC now owns 4,208 shares of the company’s stock valued at $234,000 after purchasing an additional 346 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new stake in shares of SPDR S&P North American Natural Resources ETF during the 2nd quarter valued at $195,000. Finally, NBC Securities Inc. lifted its holdings in shares of SPDR S&P North American Natural Resources ETF by 120,100.0% during the 1st quarter. NBC Securities Inc. now owns 1,202 shares of the company’s stock valued at $66,000 after purchasing an additional 1,201 shares during the last quarter.

About SPDR S&P North American Natural Resources ETF

The SPDR S&P North American Natural Resources ETF (NANR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of US & Canadian firms involved in natural resources and commodities businesses. NANR was launched on Dec 15, 2015 and is managed by State Street.