Cadence Wealth Management LLC Grows Stock Holdings in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Cadence Wealth Management LLC grew its holdings in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 25.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 47,010 shares of the company’s stock after purchasing an additional 9,584 shares during the period. SPDR S&P Global Natural Resources ETF makes up approximately 1.5% of Cadence Wealth Management LLC’s holdings, making the stock its 12th largest position. Cadence Wealth Management LLC owned approximately 0.08% of SPDR S&P Global Natural Resources ETF worth $2,339,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Blue Trust Inc. grew its position in SPDR S&P Global Natural Resources ETF by 125.5% in the 4th quarter. Blue Trust Inc. now owns 1,157 shares of the company’s stock worth $58,000 after purchasing an additional 644 shares during the period. Garde Capital Inc. bought a new position in SPDR S&P Global Natural Resources ETF in the 3rd quarter worth $101,000. Cullen Frost Bankers Inc. purchased a new stake in shares of SPDR S&P Global Natural Resources ETF during the fourth quarter worth about $102,000. Geneos Wealth Management Inc. grew its holdings in SPDR S&P Global Natural Resources ETF by 16.4% during the 4th quarter. Geneos Wealth Management Inc. now owns 2,201 shares of the company’s stock valued at $110,000 after buying an additional 310 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC grew its holdings in SPDR S&P Global Natural Resources ETF by 64.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,261 shares of the company’s stock valued at $112,000 after buying an additional 888 shares in the last quarter.

SPDR S&P Global Natural Resources ETF Price Performance

Shares of GNR opened at $53.99 on Tuesday. The company has a 50 day simple moving average of $52.55 and a two-hundred day simple moving average of $53.90. SPDR S&P Global Natural Resources ETF has a 1 year low of $48.54 and a 1 year high of $60.64. The firm has a market cap of $2.78 billion, a P/E ratio of 16.06 and a beta of 0.95.

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.