Goldman Sachs Group Inc. Sells 12,938 Shares of SPDR S&P Global Natural Resources ETF $GNR

Goldman Sachs Group Inc. cut its holdings in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 72.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,951 shares of the company’s stock after selling 12,938 shares during the quarter. Goldman Sachs Group Inc.’s holdings in SPDR S&P Global Natural Resources ETF were worth $264,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Cetera Investment Advisers lifted its position in SPDR S&P Global Natural Resources ETF by 25.2% during the first quarter. Cetera Investment Advisers now owns 62,145 shares of the company’s stock valued at $3,309,000 after purchasing an additional 12,496 shares in the last quarter. ORG Partners LLC bought a new position in shares of SPDR S&P Global Natural Resources ETF during the first quarter worth $53,000. LPL Financial LLC boosted its holdings in shares of SPDR S&P Global Natural Resources ETF by 28.3% during the 1st quarter. LPL Financial LLC now owns 202,937 shares of the company’s stock valued at $10,806,000 after purchasing an additional 44,731 shares during the last quarter. Mesirow Financial Investment Management Inc. purchased a new position in SPDR S&P Global Natural Resources ETF during the 1st quarter valued at approximately $210,000. Finally, Raymond James Financial Inc. raised its stake in SPDR S&P Global Natural Resources ETF by 4.8% during the first quarter. Raymond James Financial Inc. now owns 459,733 shares of the company’s stock valued at $24,481,000 after purchasing an additional 21,033 shares in the last quarter.

SPDR S&P Global Natural Resources ETF Stock Performance

Shares of SPDR S&P Global Natural Resources ETF stock opened at $59.34 on Monday. The stock has a 50 day moving average price of $57.07 and a 200-day moving average price of $54.39. The stock has a market cap of $3.47 billion, a price-to-earnings ratio of 16.16 and a beta of 1.01. SPDR S&P Global Natural Resources ETF has a one year low of $45.18 and a one year 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.