Bank of America Corp DE cut its holdings in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR – Free Report) by 72.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 791,635 shares of the company’s stock after selling 2,040,932 shares during the quarter. Bank of America Corp DE’s holdings in SPDR S&P Global Natural Resources ETF were worth $39,392,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in GNR. Geneos Wealth Management Inc. lifted its holdings in shares of SPDR S&P Global Natural Resources ETF by 16.4% in the fourth quarter. Geneos Wealth Management Inc. now owns 2,201 shares of the company’s stock valued at $110,000 after purchasing an additional 310 shares in the last quarter. US Bancorp DE lifted its holdings in shares of SPDR S&P Global Natural Resources ETF by 2.9% in the fourth quarter. US Bancorp DE now owns 19,017 shares of the company’s stock valued at $946,000 after purchasing an additional 544 shares in the last quarter. HighTower Advisors LLC lifted its holdings in shares of SPDR S&P Global Natural Resources ETF by 6.3% in the fourth quarter. HighTower Advisors LLC now owns 9,506 shares of the company’s stock valued at $473,000 after purchasing an additional 561 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of SPDR S&P Global Natural Resources ETF by 22.5% in the fourth quarter. Jones Financial Companies Lllp now owns 3,288 shares of the company’s stock valued at $164,000 after purchasing an additional 604 shares in the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of SPDR S&P Global Natural Resources ETF by 125.5% in the fourth quarter. Blue Trust Inc. now owns 1,157 shares of the company’s stock valued at $58,000 after purchasing an additional 644 shares in the last quarter.
SPDR S&P Global Natural Resources ETF Price Performance
Shares of NYSEARCA GNR opened at $53.33 on Friday. SPDR S&P Global Natural Resources ETF has a 12-month low of $45.18 and a 12-month high of $60.64. The company has a market capitalization of $2.78 billion, a PE ratio of 15.63 and a beta of 0.82. The firm’s 50-day moving average is $51.61 and its two-hundred day moving average is $52.46.
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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