Northwestern Mutual Wealth Management Co. Has $1.73 Million Holdings in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Northwestern Mutual Wealth Management Co. raised its stake in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 4.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,042 shares of the company’s stock after purchasing an additional 1,385 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.05% of SPDR S&P Global Natural Resources ETF worth $1,734,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Beaird Harris Wealth Management LLC bought a new position in SPDR S&P Global Natural Resources ETF in the second quarter worth $50,000. Carolinas Wealth Consulting LLC boosted its position 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 valued at $103,000 after acquiring an additional 308 shares in the last quarter. EP Wealth Advisors LLC bought a new stake in SPDR S&P Global Natural Resources ETF in the first quarter valued at about $115,000. Cullen Frost Bankers Inc. acquired a new position in SPDR S&P Global Natural Resources ETF in the second quarter worth about $123,000. Finally, Astoria Portfolio Advisors LLC. bought a new position in SPDR S&P Global Natural Resources ETF during the first quarter worth about $214,000.

SPDR S&P Global Natural Resources ETF Trading Up 0.4 %

GNR stock opened at $58.35 on Friday. The firm has a market cap of $3.38 billion, a P/E ratio of 7.30 and a beta of 0.83. SPDR S&P Global Natural Resources ETF has a 1-year low of $51.68 and a 1-year high of $60.63. The business’s 50 day moving average is $55.63 and its 200-day moving average is $56.90.

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.