SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) Shares Purchased by Sachetta LLC

Sachetta LLC increased its stake in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 732.8% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 132,114 shares of the company’s stock after purchasing an additional 116,250 shares during the quarter. SPDR S&P Global Natural Resources ETF makes up 3.1% of Sachetta LLC’s investment portfolio, making the stock its 5th largest holding. Sachetta LLC owned approximately 0.23% of SPDR S&P Global Natural Resources ETF worth $7,385,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Choreo LLC lifted its holdings in SPDR S&P Global Natural Resources ETF by 60.6% in the 2nd quarter. Choreo LLC now owns 17,969 shares of the company’s stock worth $1,004,000 after purchasing an additional 6,777 shares during the last quarter. Cullen Frost Bankers Inc. bought a new position in SPDR S&P Global Natural Resources ETF in the 2nd quarter worth approximately $123,000. PACK Private Wealth LLC increased its position in SPDR S&P Global Natural Resources ETF by 2.5% in the 2nd quarter. PACK Private Wealth LLC now owns 127,384 shares of the company’s stock worth $7,114,000 after buying an additional 3,102 shares during the period. Palisades Hudson Asset Management L.P. increased its position in SPDR S&P Global Natural Resources ETF by 1.5% in the 2nd quarter. Palisades Hudson Asset Management L.P. now owns 59,112 shares of the company’s stock worth $3,301,000 after buying an additional 864 shares during the period. Finally, Cadence Wealth Management LLC bought a new position in SPDR S&P Global Natural Resources ETF in the 2nd quarter worth approximately $855,000.

SPDR S&P Global Natural Resources ETF Stock Up 0.6 %

Shares of NYSEARCA GNR opened at $53.78 on Tuesday. The business’s 50 day moving average is $55.68 and its two-hundred day moving average is $56.68. The company has a market cap of $3.11 billion, a P/E ratio of 7.30 and a beta of 0.83. SPDR S&P Global Natural Resources ETF has a 12 month low of $51.68 and a 12 month high of $60.63.

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.