Northwestern Mutual Wealth Management Co. grew its stake in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR – Free Report) by 92.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 22,326 shares of the company’s stock after purchasing an additional 10,706 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in SPDR S&P Global Natural Resources ETF were worth $1,387,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of GNR. Signaturefd LLC grew its position in shares of 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 valued at $25,000 after buying an additional 250 shares during the last quarter. Qube Research & Technologies Ltd bought a new position in shares of SPDR S&P Global Natural Resources ETF in the third quarter valued at approximately $28,000. Cornerstone Planning Group LLC boosted its holdings in shares of SPDR S&P Global Natural Resources ETF by 575.9% in the fourth quarter. Cornerstone Planning Group LLC now owns 534 shares of the company’s stock valued at $33,000 after acquiring an additional 455 shares in the last quarter. 4Thought Financial Group Inc. bought a new position in shares of SPDR S&P Global Natural Resources ETF in the fourth quarter valued at approximately $49,000. Finally, Godfrey Financial Associates Inc. bought a new position in shares of SPDR S&P Global Natural Resources ETF in the fourth quarter valued at approximately $66,000.
SPDR S&P Global Natural Resources ETF Price Performance
SPDR S&P Global Natural Resources ETF stock opened at $71.08 on Monday. The firm has a 50 day simple moving average of $74.25 and a 200-day simple moving average of $69.66. The stock has a market capitalization of $4.65 billion, a PE ratio of 16.16 and a beta of 0.61. SPDR S&P Global Natural Resources ETF has a 12-month low of $53.18 and a 12-month high of $76.14.
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.
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