Retirement Income Solutions Inc. Acquires New Stake in SPDR S&P Global Natural Resources ETF $GNR

Retirement Income Solutions Inc. acquired a new stake in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) in the second quarter, Holdings Channel reports. The firm acquired 11,639 shares of the company’s stock, valued at approximately $783,000.

Several other hedge funds have also added to or reduced their stakes in GNR. Pure Financial Advisors LLC increased its holdings in shares of SPDR S&P Global Natural Resources ETF by 4.5% during the fourth quarter. Pure Financial Advisors LLC now owns 2,140,794 shares of the company’s stock valued at $133,029,000 after acquiring an additional 91,337 shares in the last quarter. M&T Bank Corp raised its position in shares of SPDR S&P Global Natural Resources ETF by 3,019.5% in the 4th quarter. M&T Bank Corp now owns 123,251 shares of the company’s stock worth $7,659,000 after purchasing an additional 119,300 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of SPDR S&P Global Natural Resources ETF by 2,951.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 354,574 shares of the company’s stock worth $22,033,000 after purchasing an additional 342,954 shares during the last quarter. Boltwood Capital Management boosted its stake in SPDR S&P Global Natural Resources ETF by 36.9% in the 2nd quarter. Boltwood Capital Management now owns 67,202 shares of the company’s stock worth $4,523,000 after purchasing an additional 18,127 shares in the last quarter. Finally, Private Advisor Group LLC bought a new position in SPDR S&P Global Natural Resources ETF in the 1st quarter worth about $1,665,000.

SPDR S&P Global Natural Resources ETF Stock Performance

Shares of GNR stock opened at $78.12 on Wednesday. The company has a market capitalization of $5.17 billion, a price-to-earnings ratio of 16.16 and a beta of 0.62. SPDR S&P Global Natural Resources ETF has a one year low of $57.23 and a one year high of $79.49. The company’s 50-day moving average is $72.28 and its 200 day moving average is $72.98.

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.