SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Sets New 12-Month Low – Time to Sell?

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR)’s share price hit a new 52-week low during trading on Friday . The company traded as low as $48.86 and last traded at $48.76, with a volume of 12558 shares traded. The stock had previously closed at $52.77.

SPDR S&P North American Natural Resources ETF Price Performance

The firm’s 50 day moving average is $54.34 and its 200 day moving average is $55.05. The company has a market capitalization of $545.58 million, a PE ratio of 17.79 and a beta of 0.90.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in NANR. Jones Financial Companies Lllp lifted its holdings in shares of SPDR S&P North American Natural Resources ETF by 10.7% in the 4th quarter. Jones Financial Companies Lllp now owns 3,677 shares of the company’s stock worth $188,000 after acquiring an additional 354 shares during the last quarter. Horizon Investments LLC lifted its holdings in shares of SPDR S&P North American Natural Resources ETF by 8.7% during the 4th quarter. Horizon Investments LLC now owns 3,862 shares of the company’s stock valued at $197,000 after purchasing an additional 308 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in SPDR S&P North American Natural Resources ETF in the 3rd quarter worth $259,000. Fiduciary Alliance LLC raised its position in SPDR S&P North American Natural Resources ETF by 11.9% during the 4th quarter. Fiduciary Alliance LLC now owns 44,410 shares of the company’s stock worth $2,270,000 after buying an additional 4,735 shares during the last quarter. Finally, Baird Financial Group Inc. increased its holdings in SPDR S&P North American Natural Resources ETF by 388.4% in the fourth quarter. Baird Financial Group Inc. now owns 115,108 shares of the company’s stock valued at $5,883,000 after buying an additional 91,538 shares in the last quarter.

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.