Palisades Hudson Asset Management L.P. lessened its stake in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR – Free Report) by 30.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 40,822 shares of the company’s stock after selling 17,808 shares during the quarter. SPDR S&P Global Natural Resources ETF accounts for about 1.0% of Palisades Hudson Asset Management L.P.’s portfolio, making the stock its 23rd largest holding. Palisades Hudson Asset Management L.P. owned about 0.07% of SPDR S&P Global Natural Resources ETF worth $2,537,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also modified their holdings of GNR. Fermata Advisors LLC increased its position in SPDR S&P Global Natural Resources ETF by 2.2% in the 4th quarter. Fermata Advisors LLC now owns 10,848 shares of the company’s stock valued at $674,000 after acquiring an additional 234 shares during the period. Signaturefd LLC increased its position in SPDR S&P Global Natural Resources ETF by 166.7% in the 4th quarter. Signaturefd LLC now owns 400 shares of the company’s stock valued at $25,000 after acquiring an additional 250 shares during the period. Jones Financial Companies Lllp increased its position in SPDR S&P Global Natural Resources ETF by 8.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 4,058 shares of the company’s stock valued at $241,000 after acquiring an additional 318 shares during the period. Sanctuary Advisors LLC increased its position in SPDR S&P Global Natural Resources ETF by 7.3% in the 4th quarter. Sanctuary Advisors LLC now owns 5,600 shares of the company’s stock valued at $348,000 after acquiring an additional 382 shares during the period. Finally, Prospera Financial Services Inc increased its position in SPDR S&P Global Natural Resources ETF by 7.0% in the 3rd quarter. Prospera Financial Services Inc now owns 6,835 shares of the company’s stock valued at $405,000 after acquiring an additional 447 shares during the period.
SPDR S&P Global Natural Resources ETF Stock Up 0.1%
Shares of GNR stock opened at $73.51 on Thursday. The stock has a market capitalization of $4.80 billion, a PE ratio of 16.16 and a beta of 0.68. SPDR S&P Global Natural Resources ETF has a 52-week low of $50.71 and a 52-week high of $76.14. The stock’s 50-day moving average price is $73.74 and its 200 day moving average price is $66.98.
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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