Bank of New York Mellon Corp Has $15.36 Million Stock Holdings in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Bank of New York Mellon Corp trimmed its position in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 15.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 308,620 shares of the company’s stock after selling 57,657 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.53% of SPDR S&P Global Natural Resources ETF worth $15,357,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. Blue Trust Inc. lifted its stake in shares of SPDR S&P Global Natural Resources ETF by 125.5% in the fourth quarter. Blue Trust Inc. now owns 1,157 shares of the company’s stock worth $58,000 after acquiring an additional 644 shares during the period. Garde Capital Inc. acquired a new position in shares of SPDR S&P Global Natural Resources ETF in the third quarter worth approximately $101,000. Geneos Wealth Management Inc. lifted its stake in shares of SPDR S&P Global Natural Resources ETF by 16.4% in the fourth quarter. Geneos Wealth Management Inc. now owns 2,201 shares of the company’s stock worth $110,000 after acquiring an additional 310 shares during the period. Calton & Associates Inc. acquired a new position in shares of SPDR S&P Global Natural Resources ETF in the fourth quarter worth approximately $202,000. Finally, Mesirow Financial Investment Management Inc. acquired a new position in shares of SPDR S&P Global Natural Resources ETF in the third quarter worth approximately $224,000.

SPDR S&P Global Natural Resources ETF Price Performance

SPDR S&P Global Natural Resources ETF stock opened at $52.23 on Wednesday. The stock’s 50 day moving average is $52.29 and its 200 day moving average is $54.04. The firm has a market cap of $2.73 billion, a P/E ratio of 15.21 and a beta of 0.96. SPDR S&P Global Natural Resources ETF has a one year low of $48.54 and a one year high of $60.64.

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.