Old Port Advisors Lowers Stock Position in SPDR S&P Global Natural Resources ETF $GNR

Old Port Advisors cut its stake in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 13.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,958 shares of the company’s stock after selling 1,541 shares during the quarter. Old Port Advisors’ holdings in SPDR S&P Global Natural Resources ETF were worth $540,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Pure Financial Advisors LLC lifted its holdings in SPDR S&P Global Natural Resources ETF by 6.2% in the first quarter. Pure Financial Advisors LLC now owns 1,899,361 shares of the company’s stock valued at $101,141,000 after acquiring an additional 110,510 shares during the period. Nepc LLC boosted its position in shares of SPDR S&P Global Natural Resources ETF by 5.5% in the 1st quarter. Nepc LLC now owns 730,890 shares of the company’s stock worth $38,920,000 after buying an additional 37,850 shares in the last quarter. Raymond James Financial Inc. increased its holdings in SPDR S&P Global Natural Resources ETF by 4.8% during the 1st quarter. Raymond James Financial Inc. now owns 459,733 shares of the company’s stock valued at $24,481,000 after acquiring an additional 21,033 shares in the last quarter. AMG National Trust Bank increased its holdings in SPDR S&P Global Natural Resources ETF by 6.4% during the 1st quarter. AMG National Trust Bank now owns 386,185 shares of the company’s stock valued at $20,564,000 after acquiring an additional 23,380 shares in the last quarter. Finally, Prairiewood Capital LLC raised its position in SPDR S&P Global Natural Resources ETF by 6.3% during the first quarter. Prairiewood Capital LLC now owns 217,706 shares of the company’s stock worth $11,593,000 after acquiring an additional 12,912 shares during the last quarter.

SPDR S&P Global Natural Resources ETF Trading Up 0.8%

Shares of GNR opened at $59.34 on Friday. The stock has a market cap of $3.47 billion, a P/E ratio of 16.16 and a beta of 1.01. The company has a 50-day moving average of $57.07 and a two-hundred day moving average of $54.38. SPDR S&P Global Natural Resources ETF has a 12-month low of $45.18 and a 12-month high of $59.44.

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.