Cadence Wealth Management LLC Invests $855,000 in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Cadence Wealth Management LLC purchased a new position in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNRFree Report) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 15,310 shares of the company’s stock, valued at approximately $855,000. SPDR S&P Global Natural Resources ETF makes up 0.6% of Cadence Wealth Management LLC’s investment portfolio, making the stock its 15th largest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. RE Dickinson Investment Advisors LLC purchased a new stake in shares of SPDR S&P Global Natural Resources ETF during the 4th quarter worth about $55,000. CWM LLC raised its stake in shares of SPDR S&P Global Natural Resources ETF by 2,129.5% in the 4th quarter. CWM LLC now owns 1,360 shares of the company’s stock valued at $77,000 after acquiring an additional 1,299 shares in the last quarter. Heritage Wealth Advisors bought a new position in shares of SPDR S&P Global Natural Resources ETF in the 4th quarter valued at approximately $103,000. EP Wealth Advisors LLC bought a new position in shares of SPDR S&P Global Natural Resources ETF in the 1st quarter valued at approximately $115,000. Finally, Tarbox Family Office Inc. bought a new position in shares of SPDR S&P Global Natural Resources ETF in the 4th quarter valued at approximately $204,000.

SPDR S&P Global Natural Resources ETF Price Performance

Shares of GNR stock traded down $0.07 during trading on Friday, reaching $56.67. The company had a trading volume of 92,652 shares, compared to its average volume of 280,777. The firm’s 50 day simple moving average is $55.83 and its two-hundred day simple moving average is $56.60. SPDR S&P Global Natural Resources ETF has a one year low of $51.68 and a one year high of $60.63. The company has a market capitalization of $3.28 billion, a PE ratio of 7.30 and a beta of 0.83.

SPDR S&P Global Natural Resources ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

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