SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) is PACK Private Wealth LLC’s 7th Largest Position

PACK Private Wealth LLC lifted its stake in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 2.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 127,384 shares of the company’s stock after purchasing an additional 3,102 shares during the quarter. SPDR S&P Global Natural Resources ETF accounts for 4.4% of PACK Private Wealth LLC’s portfolio, making the stock its 7th largest position. PACK Private Wealth LLC’s holdings in SPDR S&P Global Natural Resources ETF were worth $7,114,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Palisades Hudson Asset Management L.P. lifted its position in shares of SPDR S&P Global Natural Resources ETF by 1.5% in the second quarter. Palisades Hudson Asset Management L.P. now owns 59,112 shares of the company’s stock worth $3,301,000 after purchasing an additional 864 shares in the last quarter. Cadence Wealth Management LLC purchased a new stake in shares of SPDR S&P Global Natural Resources ETF in the second quarter worth approximately $855,000. Ingalls & Snyder LLC raised its position in SPDR S&P Global Natural Resources ETF by 5.7% during the second quarter. Ingalls & Snyder LLC now owns 18,955 shares of the company’s stock valued at $1,059,000 after acquiring an additional 1,015 shares in the last quarter. Commonwealth Equity Services LLC raised its position in SPDR S&P Global Natural Resources ETF by 17.2% during the second quarter. Commonwealth Equity Services LLC now owns 45,131 shares of the company’s stock valued at $2,521,000 after acquiring an additional 6,612 shares in the last quarter. Finally, AMG National Trust Bank raised its position in SPDR S&P Global Natural Resources ETF by 41.9% during the second quarter. AMG National Trust Bank now owns 268,922 shares of the company’s stock valued at $15,019,000 after acquiring an additional 79,366 shares in the last quarter.

SPDR S&P Global Natural Resources ETF Price Performance

GNR traded down $0.10 during midday trading on Wednesday, hitting $54.88. 32,323 shares of the company’s stock traded hands, compared to its average volume of 278,282. The company has a market cap of $3.18 billion, a PE ratio of 7.30 and a beta of 0.83. The stock’s fifty day simple moving average is $55.82 and its 200-day simple moving average is $56.66. SPDR S&P Global Natural Resources ETF has a one year low of $51.68 and a one year high of $60.63.

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.