SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Hits New 12-Month High – Still a Buy?

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $92.21 and last traded at $91.5390, with a volume of 3110 shares traded. The stock had previously closed at $90.37.

SPDR S&P North American Natural Resources ETF Stock Down 1.7%

The business’s 50-day simple moving average is $83.79 and its two-hundred day simple moving average is $82.56. The firm has a market cap of $838.98 million, a price-to-earnings ratio of 18.42 and a beta of 0.60.

Institutional Trading of SPDR S&P North American Natural Resources ETF

Several institutional investors have recently bought and sold shares of NANR. Horizon Investments LLC lifted its position in shares of SPDR S&P North American Natural Resources ETF by 46.3% during the 3rd quarter. Horizon Investments LLC now owns 7,152 shares of the company’s stock valued at $462,000 after buying an additional 2,265 shares in the last quarter. Triumph Capital Management acquired a new stake in shares of SPDR S&P North American Natural Resources ETF in the third quarter valued at about $204,000. Virtue Capital Management LLC acquired a new stake in shares of SPDR S&P North American Natural Resources ETF in the fourth quarter valued at about $268,000. Rothschild Wealth LLC purchased a new stake in shares of SPDR S&P North American Natural Resources ETF during the fourth quarter worth about $4,527,000. Finally, Captrust Financial Advisors acquired a new position in shares of SPDR S&P North American Natural Resources ETF during the 4th quarter worth about $524,000.

SPDR S&P North American Natural Resources ETF Company Profile

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.