Sachetta LLC boosted its position in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR – Free Report) by 732.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 132,114 shares of the company’s stock after acquiring an additional 116,250 shares during the period. SPDR S&P Global Natural Resources ETF accounts for 3.1% of Sachetta LLC’s portfolio, making the stock its 5th largest position. Sachetta LLC’s holdings in SPDR S&P Global Natural Resources ETF were worth $7,385,000 at the end of the most recent reporting period.
Several other hedge funds have also added to or reduced their stakes in the company. RE Dickinson Investment Advisors LLC bought a new position in SPDR S&P Global Natural Resources ETF during the fourth quarter worth about $55,000. Heritage Wealth Advisors bought a new position in SPDR S&P Global Natural Resources ETF during the fourth quarter worth about $103,000. EP Wealth Advisors LLC bought a new position in SPDR S&P Global Natural Resources ETF during the first quarter worth about $115,000. Cullen Frost Bankers Inc. bought a new position in SPDR S&P Global Natural Resources ETF during the second quarter worth about $123,000. Finally, Tarbox Family Office Inc. bought a new position in SPDR S&P Global Natural Resources ETF during the fourth quarter worth about $204,000.
SPDR S&P Global Natural Resources ETF Trading Up 0.6 %
Shares of GNR opened at $53.78 on Tuesday. SPDR S&P Global Natural Resources ETF has a 1 year low of $51.68 and a 1 year high of $60.63. The stock has a market cap of $3.11 billion, a P/E ratio of 7.30 and a beta of 0.83. The stock’s 50-day moving average price is $55.68 and its two-hundred day moving average price is $56.68.
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.
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