Envestnet Asset Management Inc. Lowers Stake in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Envestnet Asset Management Inc. cut its stake in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 50.3% during the fourth quarter, HoldingsChannel reports. The fund owned 190,907 shares of the company’s stock after selling 192,964 shares during the quarter. Envestnet Asset Management Inc.’s holdings in SPDR S&P Global Natural Resources ETF were worth $9,500,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Principal Financial Group Inc. grew its stake in SPDR S&P Global Natural Resources ETF by 9.5% in the third quarter. Principal Financial Group Inc. now owns 157,622 shares of the company’s stock valued at $9,090,000 after purchasing an additional 13,625 shares during the last quarter. Blue Trust Inc. lifted its position in shares of SPDR S&P Global Natural Resources ETF by 125.5% during the fourth quarter. Blue Trust Inc. now owns 1,157 shares of the company’s stock valued at $58,000 after buying an additional 644 shares during the last quarter. US Bancorp DE boosted its holdings in shares of SPDR S&P Global Natural Resources ETF by 2.9% in the 4th quarter. US Bancorp DE now owns 19,017 shares of the company’s stock valued at $946,000 after buying an additional 544 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of SPDR S&P Global Natural Resources ETF by 2.0% in the 4th quarter. JPMorgan Chase & Co. now owns 622,215 shares of the company’s stock worth $30,961,000 after buying an additional 12,270 shares during the last quarter. Finally, Pure Financial Advisors LLC lifted its position in SPDR S&P Global Natural Resources ETF by 9.3% during the fourth quarter. Pure Financial Advisors LLC now owns 1,788,851 shares of the company’s stock valued at $89,013,000 after acquiring an additional 151,624 shares during the last quarter.

SPDR S&P Global Natural Resources ETF Stock Up 1.0 %

Shares of GNR opened at $50.62 on Friday. The company has a 50 day moving average of $52.04 and a two-hundred day moving average of $53.19. The company has a market cap of $2.60 billion, a price-to-earnings ratio of 16.08 and a beta of 0.84. SPDR S&P Global Natural Resources ETF has a twelve month low of $45.18 and a twelve month high of $60.64.

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.