SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Reaches New 12-Month High – Here’s Why

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR)’s share price hit a new 52-week high on Thursday . The stock traded as high as $69.22 and last traded at $68.9040, with a volume of 19547 shares. The stock had previously closed at $67.90.

SPDR S&P North American Natural Resources ETF Stock Performance

The stock has a market cap of $770.98 million, a P/E ratio of 18.42 and a beta of 0.75. The stock’s fifty day simple moving average is $64.87 and its 200-day simple moving average is $61.23.

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

A number of large investors have recently added to or reduced their stakes in NANR. Flow Traders U.S. LLC bought a new position in SPDR S&P North American Natural Resources ETF during the 1st quarter worth $805,000. Atlantic Union Bankshares Corp bought a new position in shares of SPDR S&P North American Natural Resources ETF in the second quarter worth $195,000. Triumph Capital Management acquired a new position in SPDR S&P North American Natural Resources ETF in the third quarter valued at about $204,000. Fiduciary Alliance LLC raised its stake in SPDR S&P North American Natural Resources ETF by 6.5% in the third quarter. Fiduciary Alliance LLC now owns 50,294 shares of the company’s stock valued at $3,249,000 after purchasing an additional 3,081 shares in the last quarter. Finally, Horizon Investments LLC lifted its position in SPDR S&P North American Natural Resources ETF by 46.3% during the third quarter. Horizon Investments LLC now owns 7,152 shares of the company’s stock worth $462,000 after purchasing an additional 2,265 shares during the period.

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.