SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Sees Large Volume Increase – What’s Next?

Shares of SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) saw an uptick in trading volume on Thursday . 36,581 shares changed hands during trading, an increase of 57% from the previous session’s volume of 23,234 shares.The stock last traded at $56.43 and had previously closed at $56.54.

SPDR S&P North American Natural Resources ETF Stock Performance

The stock has a 50 day moving average price of $57.07 and a 200 day moving average price of $55.80. The company has a market capitalization of $565.27 million, a P/E ratio of 9.81 and a beta of 0.71.

Institutional Investors Weigh In On SPDR S&P North American Natural Resources ETF

An institutional investor recently raised its position in SPDR S&P North American Natural Resources ETF stock. Fiduciary Alliance LLC raised its holdings in shares of SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) by 13.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,675 shares of the company’s stock after buying an additional 4,752 shares during the quarter. Fiduciary Alliance LLC owned about 0.40% of SPDR S&P North American Natural Resources ETF worth $2,247,000 as of its most recent filing with the Securities & Exchange Commission.

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.