Cadence Wealth Management LLC increased its holdings in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR – Free Report) by 25.6% during the 4th quarter, HoldingsChannel reports. The fund owned 47,010 shares of the company’s stock after acquiring an additional 9,584 shares during the quarter. SPDR S&P Global Natural Resources ETF comprises approximately 1.5% of Cadence Wealth Management LLC’s investment portfolio, making the stock its 12th largest holding. Cadence Wealth Management LLC’s holdings in SPDR S&P Global Natural Resources ETF were worth $2,339,000 as of its most recent filing with the SEC.
Other institutional investors have also modified their holdings of the company. Blue Trust Inc. lifted its stake in shares of SPDR S&P Global Natural Resources ETF by 125.5% in the fourth quarter. Blue Trust Inc. now owns 1,157 shares of the company’s stock worth $58,000 after acquiring an additional 644 shares in the last quarter. Garde Capital Inc. acquired a new position in shares of SPDR S&P Global Natural Resources ETF in the third quarter worth about $101,000. Cullen Frost Bankers Inc. acquired a new position in shares of SPDR S&P Global Natural Resources ETF in the fourth quarter worth about $102,000. Geneos Wealth Management Inc. lifted its stake in shares of SPDR S&P Global Natural Resources ETF by 16.4% in the fourth quarter. Geneos Wealth Management Inc. now owns 2,201 shares of the company’s stock worth $110,000 after acquiring an additional 310 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its stake in shares of SPDR S&P Global Natural Resources ETF by 64.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,261 shares of the company’s stock worth $112,000 after acquiring an additional 888 shares in the last quarter.
SPDR S&P Global Natural Resources ETF Stock Performance
NYSEARCA:GNR opened at $53.99 on Tuesday. The business’s 50-day simple moving average is $52.55 and its 200 day simple moving average is $53.90. SPDR S&P Global Natural Resources ETF has a one year low of $48.54 and a one year high of $60.64. The stock has a market cap of $2.78 billion, a price-to-earnings ratio of 16.06 and a beta of 0.95.
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.
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