SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Hits New 12-Month High – Here’s Why
by Sarita Garza · The Markets DailySPDR S&P North American Natural Resources ETF (NYSEARCA:NANR – Get Free Report)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $75.69 and last traded at $75.2990, with a volume of 6376 shares trading hands. The stock had previously closed at $74.47.
SPDR S&P North American Natural Resources ETF Trading Up 0.5%
The firm has a market cap of $865.38 million, a P/E ratio of 18.42 and a beta of 0.75. The stock has a 50 day simple moving average of $68.74 and a 200-day simple moving average of $64.09.
Hedge Funds Weigh In On SPDR S&P North American Natural Resources ETF
Institutional investors have recently bought and sold shares of the business. Fiduciary Alliance LLC increased its holdings in shares of SPDR S&P North American Natural Resources ETF by 30.7% in the 4th quarter. Fiduciary Alliance LLC now owns 65,744 shares of the company’s stock worth $4,459,000 after buying an additional 15,450 shares during the last quarter. Triumph Capital Management purchased a new position in SPDR S&P North American Natural Resources ETF in the third quarter worth about $204,000. Horizon Investments LLC increased its stake in SPDR S&P North American Natural Resources ETF by 46.3% during the third quarter. Horizon Investments LLC now owns 7,152 shares of the company’s stock worth $462,000 after acquiring an additional 2,265 shares during the last quarter. Jones Financial Companies Lllp raised its position in SPDR S&P North American Natural Resources ETF by 12.8% during the third quarter. Jones Financial Companies Lllp now owns 8,016 shares of the company’s stock valued at $521,000 after purchasing an additional 912 shares during the period. Finally, Root Financial Partners LLC bought a new stake in shares of SPDR S&P North American Natural Resources ETF in the 3rd quarter valued at approximately $71,000.
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.