Perritt Capital Management Inc Acquires 10,220 Shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Perritt Capital Management Inc increased its stake in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 57.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,119 shares of the company’s stock after acquiring an additional 10,220 shares during the quarter. SPDR S&P Global Natural Resources ETF accounts for approximately 0.7% of Perritt Capital Management Inc’s portfolio, making the stock its 25th largest position. Perritt Capital Management Inc’s holdings in SPDR S&P Global Natural Resources ETF were worth $1,399,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of GNR. Summit Financial LLC grew its holdings in SPDR S&P Global Natural Resources ETF by 1.1% in the fourth quarter. Summit Financial LLC now owns 66,548 shares of the company’s stock worth $3,311,000 after purchasing an additional 731 shares during the period. Alliancebernstein L.P. boosted its position in shares of SPDR S&P Global Natural Resources ETF by 11.2% during the 4th quarter. Alliancebernstein L.P. now owns 606,729 shares of the company’s stock worth $30,191,000 after purchasing an additional 61,337 shares in the last quarter. Schroder Investment Management Group grew its stake in shares of SPDR S&P Global Natural Resources ETF by 3.1% in the 4th quarter. Schroder Investment Management Group now owns 100,106 shares of the company’s stock valued at $4,942,000 after buying an additional 3,019 shares during the period. JPMorgan Chase & Co. increased its position in SPDR S&P Global Natural Resources ETF by 2.0% in the 4th quarter. JPMorgan Chase & Co. now owns 622,215 shares of the company’s stock valued at $30,961,000 after buying an additional 12,270 shares in the last quarter. Finally, Clune & Associates LTD. bought a new stake in SPDR S&P Global Natural Resources ETF in the 4th quarter valued at about $888,000.

SPDR S&P Global Natural Resources ETF Stock Performance

Shares of NYSEARCA:GNR opened at $53.46 on Wednesday. SPDR S&P Global Natural Resources ETF has a 52-week low of $48.54 and a 52-week high of $60.64. The business’s 50 day simple moving average is $53.03 and its two-hundred day simple moving average is $53.85. The firm has a market cap of $2.75 billion, a P/E ratio of 16.08 and a beta of 0.84.

SPDR S&P Global Natural Resources ETF 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.