Strategic Investment Management LLC Acquires New Position in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Strategic Investment Management LLC bought a new position in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 165,400 shares of the company’s stock, valued at approximately $8,230,000. SPDR S&P Global Natural Resources ETF accounts for about 2.8% of Strategic Investment Management LLC’s investment portfolio, making the stock its 10th largest position.

A number of other large investors have also modified their holdings of GNR. Blue Trust Inc. lifted its stake in shares of SPDR S&P Global Natural Resources ETF by 134.2% in the third quarter. Blue Trust Inc. now owns 513 shares of the company’s stock valued at $29,000 after purchasing an additional 294 shares during the period. Beaird Harris Wealth Management LLC purchased a new position in SPDR S&P Global Natural Resources ETF in the second quarter valued at about $50,000. Garde Capital Inc. acquired a new stake in shares of SPDR S&P Global Natural Resources ETF during the 3rd quarter valued at approximately $101,000. Geneos Wealth Management Inc. boosted its stake in shares of 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 worth $110,000 after acquiring an additional 310 shares in the last quarter. Finally, Mesirow Financial Investment Management Inc. acquired a new stake in shares of SPDR S&P Global Natural Resources ETF in the 3rd quarter worth approximately $224,000.

SPDR S&P Global Natural Resources ETF Price Performance

NYSEARCA GNR opened at $52.87 on Friday. The business has a 50 day moving average price of $52.33 and a 200 day moving average price of $54.66. The company has a market capitalization of $3.06 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 $48.54 and a 1-year high of $60.63.

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.