SVB Wealth LLC Sells 1,400 Shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

SVB Wealth LLC trimmed its stake in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 16.3% during the 1st quarter, HoldingsChannel reports. The fund owned 7,177 shares of the company’s stock after selling 1,400 shares during the quarter. SVB Wealth LLC’s holdings in SPDR S&P Global Natural Resources ETF were worth $416,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of GNR. Northern Trust Corp increased its position 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 acquiring an additional 3,805,671 shares in the last quarter. 1832 Asset Management L.P. increased its holdings in shares of SPDR S&P Global Natural Resources ETF by 1.1% in the 1st quarter. 1832 Asset Management L.P. now owns 982,837 shares of the company’s stock worth $56,936,000 after purchasing an additional 11,158 shares in the last quarter. Tradewinds Capital Management LLC purchased a new position in shares of SPDR S&P Global Natural Resources ETF in the fourth quarter worth $27,429,000. Principal Financial Group Inc. lifted its holdings in shares of SPDR S&P Global Natural Resources ETF by 30.2% during the fourth quarter. Principal Financial Group Inc. now owns 465,939 shares of the company’s stock valued at $26,395,000 after purchasing an additional 108,175 shares in the last quarter. Finally, Raymond James & Associates boosted its position in shares of SPDR S&P Global Natural Resources ETF by 2.4% during the first quarter. Raymond James & Associates now owns 359,691 shares of the company’s stock valued at $20,837,000 after buying an additional 8,514 shares during the last quarter.

SPDR S&P Global Natural Resources ETF Trading Down 0.1 %

NYSEARCA:GNR traded down $0.07 during mid-day trading on Tuesday, reaching $55.76. The company’s stock had a trading volume of 38,410 shares, compared to its average volume of 301,944. The stock has a market cap of $3.23 billion, a P/E ratio of 7.30 and a beta of 0.83. The firm’s fifty day moving average price is $56.70 and its two-hundred day moving average price is $56.26. SPDR S&P Global Natural Resources ETF has a 12-month low of $51.68 and a 12-month high of $60.63.

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.