SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) Sees Large Volume Increase – Here’s What Happened

SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) shares saw unusually-strong trading volume on Tuesday . Approximately 292,211 shares were traded during 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 0.1%

The stock has a market capitalization of $4.17 billion, a PE ratio of 16.16 and a beta of 0.81. The stock’s 50-day moving average is $62.46 and its 200 day moving average is $59.33.

Institutional Trading of SPDR S&P Global Natural Resources ETF

Several hedge funds and other institutional investors have recently modified their holdings of GNR. Perigon Wealth Management LLC lifted its stake in shares of SPDR S&P Global Natural Resources ETF by 1.0% during the second quarter. Perigon Wealth Management LLC now owns 21,103 shares of the company’s stock valued at $1,145,000 after acquiring an additional 215 shares during the period. Prospera Financial Services Inc increased its position in SPDR S&P Global Natural Resources ETF by 3.5% in the second quarter. Prospera Financial Services Inc now owns 6,388 shares of the company’s stock worth $347,000 after purchasing an additional 215 shares during the period. Fermata Advisors LLC increased its position in SPDR S&P Global Natural Resources ETF by 2.2% in the fourth quarter. Fermata Advisors LLC now owns 10,848 shares of the company’s stock worth $674,000 after purchasing an additional 234 shares during the period. Signaturefd LLC raised its holdings in SPDR S&P Global Natural Resources ETF by 166.7% during the 4th quarter. Signaturefd LLC now owns 400 shares of the company’s stock worth $25,000 after purchasing an additional 250 shares during the last quarter. Finally, J2 Capital Management Inc lifted its position in SPDR S&P Global Natural Resources ETF by 3.1% during the 2nd quarter. J2 Capital Management Inc now owns 10,330 shares of the company’s stock valued at $560,000 after purchasing an additional 311 shares during the period.

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.