1832 Asset Management L.P. Sells 31,284 Shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

1832 Asset Management L.P. lessened its stake in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 3.2% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 951,553 shares of the company’s stock after selling 31,284 shares during the period. 1832 Asset Management L.P.’s holdings in SPDR S&P Global Natural Resources ETF were worth $53,144,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. RE Dickinson Investment Advisors LLC bought a new stake in shares of SPDR S&P Global Natural Resources ETF in the fourth quarter valued at about $55,000. Heritage Wealth Advisors purchased a new position in SPDR S&P Global Natural Resources ETF during the 4th quarter valued at about $103,000. Carolinas Wealth Consulting LLC raised its holdings in shares of SPDR S&P Global Natural Resources ETF by 20.0% in the 2nd quarter. Carolinas Wealth Consulting LLC now owns 1,847 shares of the company’s stock valued at $103,000 after purchasing an additional 308 shares in the last quarter. EP Wealth Advisors LLC purchased a new stake in shares of SPDR S&P Global Natural Resources ETF in the 1st quarter worth approximately $115,000. Finally, Cullen Frost Bankers Inc. bought a new position in shares of SPDR S&P Global Natural Resources ETF during the second quarter valued at approximately $123,000.

SPDR S&P Global Natural Resources ETF Stock Down 1.2 %

Shares of NYSEARCA:GNR opened at $55.89 on Monday. The firm has a 50 day moving average of $55.39 and a 200 day moving average of $56.76. The company has a market capitalization of $3.23 billion, a price-to-earnings ratio of 7.30 and a beta of 0.83. SPDR S&P Global Natural Resources ETF has a 52 week low of $51.68 and a 52 week 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.