Kraft Davis & Associates LLC Takes $835,000 Position in SPDR S&P Global Natural Resources ETF $GNR

Kraft Davis & Associates LLC purchased a new position in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 12,406 shares of the company’s stock, valued at approximately $835,000.

A number of other hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC acquired a new stake in SPDR S&P Global Natural Resources ETF during the first quarter valued at approximately $25,000. Western Wealth Management LLC bought a new position in SPDR S&P Global Natural Resources ETF during the 1st quarter worth approximately $27,000. Qube Research & Technologies Ltd acquired a new position in shares of SPDR S&P Global Natural Resources ETF in the 3rd quarter worth approximately $28,000. Cassaday & Co Wealth Management LLC acquired a new position in shares of SPDR S&P Global Natural Resources ETF in the 1st quarter worth approximately $29,000. Finally, Arax Advisory Partners bought a new stake in shares of SPDR S&P Global Natural Resources ETF in the 4th quarter valued at approximately $35,000.

SPDR S&P Global Natural Resources ETF Trading Up 1.2%

GNR stock opened at $79.06 on Thursday. The firm has a market cap of $5.23 billion, a P/E ratio of 16.16 and a beta of 0.62. SPDR S&P Global Natural Resources ETF has a 12-month low of $57.23 and a 12-month high of $79.49. The stock’s 50 day simple moving average is $72.52 and its 200 day simple moving average is $73.03.

About SPDR S&P Global Natural Resources ETF

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.