Principal Financial Group Inc. Buys 13,625 Shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Principal Financial Group Inc. raised its stake in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 9.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 157,622 shares of the company’s stock after acquiring an additional 13,625 shares during the period. Principal Financial Group Inc. owned approximately 0.27% of SPDR S&P Global Natural Resources ETF worth $9,090,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Blue Trust Inc. boosted its position in SPDR S&P Global Natural Resources ETF by 134.2% in the 3rd quarter. Blue Trust Inc. now owns 513 shares of the company’s stock valued at $29,000 after buying an additional 294 shares during the period. Commonwealth Equity Services LLC grew its stake in SPDR S&P Global Natural Resources ETF by 17.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 45,131 shares of the company’s stock worth $2,521,000 after acquiring an additional 6,612 shares in the last quarter. Choreo LLC grew its stake 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 acquiring an additional 6,777 shares in the last quarter. Cetera Advisors LLC bought a new position in SPDR S&P Global Natural Resources ETF in the 1st quarter worth about $233,000. Finally, Cetera Investment Advisers grew its stake in SPDR S&P Global Natural Resources ETF by 406.8% in the 1st quarter. Cetera Investment Advisers now owns 69,857 shares of the company’s stock worth $4,047,000 after acquiring an additional 56,074 shares in the last quarter.

SPDR S&P Global Natural Resources ETF Stock Performance

Shares of GNR opened at $54.58 on Tuesday. The company has a 50 day moving average price of $56.14 and a 200-day moving average price of $56.42. SPDR S&P Global Natural Resources ETF has a fifty-two week low of $51.68 and a fifty-two week high of $60.63. The stock has a market capitalization of $3.16 billion, a PE ratio of 7.30 and a beta of 0.83.

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.