Sequoia Financial Advisors LLC Lowers Stock Holdings in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Sequoia Financial Advisors LLC lessened its holdings in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 12.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,221 shares of the company’s stock after selling 1,921 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in SPDR S&P Global Natural Resources ETF were worth $762,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Blue Trust Inc. grew its holdings in SPDR S&P Global Natural Resources ETF by 134.2% in the third quarter. Blue Trust Inc. now owns 513 shares of the company’s stock valued at $29,000 after purchasing an additional 294 shares during the period. Beaird Harris Wealth Management LLC purchased a new stake in shares of SPDR S&P Global Natural Resources ETF during the 2nd quarter valued at $50,000. Carolinas Wealth Consulting LLC increased its holdings in shares of SPDR S&P Global Natural Resources ETF by 20.0% during the 2nd quarter. Carolinas Wealth Consulting LLC now owns 1,847 shares of the company’s stock worth $103,000 after buying an additional 308 shares during the last quarter. EP Wealth Advisors LLC purchased a new position in shares of SPDR S&P Global Natural Resources ETF in the 1st quarter worth $115,000. Finally, Cullen Frost Bankers Inc. acquired a new position in SPDR S&P Global Natural Resources ETF in the second quarter valued at $123,000.

SPDR S&P Global Natural Resources ETF Trading Up 0.3 %

GNR stock opened at $56.09 on Friday. The company has a market cap of $3.25 billion, a PE ratio of 7.30 and a beta of 0.83. The stock has a 50-day moving average price of $56.30 and a two-hundred day moving average price of $56.77. 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.