Envestnet Asset Management Inc. Trims Stake in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Envestnet Asset Management Inc. trimmed its position in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 36.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 298,455 shares of the company’s stock after selling 172,729 shares during the quarter. Envestnet Asset Management Inc. owned 0.52% of SPDR S&P Global Natural Resources ETF worth $16,669,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Northern Trust Corp increased its holdings in SPDR S&P Global Natural Resources ETF by 31.3% during the fourth quarter. Northern Trust Corp now owns 15,947,819 shares of the company’s stock valued at $903,444,000 after buying an additional 3,805,671 shares during the period. Pure Financial Advisors LLC increased its holdings in shares of SPDR S&P Global Natural Resources ETF by 5.8% in the 2nd quarter. Pure Financial Advisors LLC now owns 1,532,704 shares of the company’s stock valued at $85,602,000 after acquiring an additional 83,544 shares during the period. 1832 Asset Management L.P. raised its position in shares of SPDR S&P Global Natural Resources ETF by 1.1% in the 1st quarter. 1832 Asset Management L.P. now owns 982,837 shares of the company’s stock worth $56,936,000 after acquiring an additional 11,158 shares in the last quarter. Sendero Wealth Management LLC lifted its stake in shares of SPDR S&P Global Natural Resources ETF by 1.8% during the 2nd quarter. Sendero Wealth Management LLC now owns 720,517 shares of the company’s stock worth $40,241,000 after purchasing an additional 12,856 shares during the last quarter. Finally, Nepc LLC boosted its position in SPDR S&P Global Natural Resources ETF by 87.7% during the first quarter. Nepc LLC now owns 500,084 shares of the company’s stock valued at $28,970,000 after purchasing an additional 233,630 shares in the last quarter.

SPDR S&P Global Natural Resources ETF Stock Performance

Shares of SPDR S&P Global Natural Resources ETF stock opened at $57.30 on Wednesday. The company has a market capitalization of $3.32 billion, a PE ratio of 7.30 and a beta of 0.83. The company has a 50-day simple moving average of $55.37 and a two-hundred day simple moving average of $56.79. SPDR S&P Global Natural Resources ETF has a one year low of $51.68 and a one year 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.