SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Sees Unusually-High Trading Volume – Should You Buy?

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) shares saw unusually-high trading volume on Friday . Approximately 122,036 shares traded hands during trading, an increase of 309% from the previous session’s volume of 29,824 shares.The stock last traded at $50.91 and had previously closed at $51.14.

SPDR S&P North American Natural Resources ETF Price Performance

The company has a market capitalization of $508.28 million, a PE ratio of 9.81 and a beta of 0.71. The business’s 50 day simple moving average is $55.59 and its 200 day simple moving average is $55.43.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SPDR S&P North American Natural Resources ETF stock. Flow Traders U.S. LLC purchased a new stake in SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 4,570 shares of the company’s stock, valued at approximately $259,000.

SPDR S&P North American Natural Resources ETF Company Profile

The SPDR S&P North American Natural Resources ETF (NANR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of US & Canadian firms involved in natural resources and commodities businesses. NANR was launched on Dec 15, 2015 and is managed by State Street.