Sachetta LLC Lowers Holdings in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Sachetta LLC cut its stake in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 12.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 121,562 shares of the company’s stock after selling 17,963 shares during the quarter. SPDR S&P Global Natural Resources ETF makes up 2.4% of Sachetta LLC’s portfolio, making the stock its 6th largest holding. Sachetta LLC’s holdings in SPDR S&P Global Natural Resources ETF were worth $6,049,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in GNR. Principal Financial Group Inc. boosted its position 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 buying an additional 13,625 shares in the last quarter. Atria Investments Inc boosted its holdings in shares of SPDR S&P Global Natural Resources ETF by 118.5% in the 3rd quarter. Atria Investments Inc now owns 14,220 shares of the company’s stock worth $820,000 after acquiring an additional 7,712 shares in the last quarter. Blue Trust Inc. grew its position in SPDR S&P Global Natural Resources ETF by 134.2% during the 3rd quarter. Blue Trust Inc. now owns 513 shares of the company’s stock worth $29,000 after acquiring an additional 294 shares during the last quarter. Boltwood Capital Management increased its holdings in SPDR S&P Global Natural Resources ETF by 15.2% during the 3rd quarter. Boltwood Capital Management now owns 54,036 shares of the company’s stock valued at $3,116,000 after purchasing an additional 7,119 shares in the last quarter. Finally, Versant Capital Management Inc raised its position in SPDR S&P Global Natural Resources ETF by 20.3% in the 4th quarter. Versant Capital Management Inc now owns 148,266 shares of the company’s stock valued at $7,378,000 after purchasing an additional 25,013 shares during the last quarter.

SPDR S&P Global Natural Resources ETF Stock Performance

Shares of GNR stock opened at $52.87 on Friday. The stock’s fifty day moving average is $52.33 and its 200-day moving average is $54.66. SPDR S&P Global Natural Resources ETF has a 52 week low of $48.54 and a 52 week high of $60.63. The stock has a market capitalization of $3.06 billion, a PE ratio of 7.30 and a beta of 0.83.

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.