NewEdge Wealth LLC Purchases Shares of 11,768 SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

NewEdge Wealth LLC acquired a new position in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 11,768 shares of the company’s stock, valued at approximately $667,000.

A number of other institutional investors and hedge funds have also modified their holdings of GNR. Northern Trust Corp boosted its stake in SPDR S&P Global Natural Resources ETF by 6.1% during the third quarter. Northern Trust Corp now owns 12,142,148 shares of the company’s stock worth $676,560,000 after buying an additional 693,247 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of SPDR S&P Global Natural Resources ETF by 3.0% during the 1st quarter. Bank of America Corp DE now owns 4,300,613 shares of the company’s stock worth $245,522,000 after acquiring an additional 125,407 shares during the period. BlackRock Inc. boosted its position in shares of SPDR S&P Global Natural Resources ETF by 1.7% during the 2nd quarter. BlackRock Inc. now owns 1,633,825 shares of the company’s stock valued at $88,080,000 after acquiring an additional 27,851 shares in the last quarter. Pure Financial Advisors LLC increased its stake in SPDR S&P Global Natural Resources ETF by 6.4% in the fourth quarter. Pure Financial Advisors LLC now owns 1,345,323 shares of the company’s stock valued at $76,213,000 after acquiring an additional 81,322 shares during the period. Finally, Morgan Stanley increased its stake in SPDR S&P Global Natural Resources ETF by 12.2% in the third quarter. Morgan Stanley now owns 1,295,588 shares of the company’s stock valued at $72,190,000 after acquiring an additional 140,925 shares during the period.

SPDR S&P Global Natural Resources ETF Stock Down 1.3 %

Shares of GNR opened at $57.48 on Wednesday. The company has a 50-day moving average price of $55.67 and a two-hundred day moving average price of $55.08. The stock has a market cap of $3.34 billion, a price-to-earnings ratio of 7.46 and a beta of 0.87. SPDR S&P Global Natural Resources ETF has a 12 month low of $50.85 and a 12 month high of $60.32.

About SPDR S&P Global Natural Resources ETF

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.