Fiduciary Financial Group LLC Trims Stock Position in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Fiduciary Financial Group LLC cut its holdings in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 26.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 57,520 shares of the company’s stock after selling 20,355 shares during the period. Fiduciary Financial Group LLC’s holdings in SPDR S&P Global Natural Resources ETF were worth $2,916,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in GNR. Blue Trust Inc. lifted its stake in shares of SPDR S&P Global Natural Resources ETF by 134.2% in the 3rd 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 last quarter. Beaird Harris Wealth Management LLC acquired 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 position in SPDR S&P Global Natural Resources ETF in the third quarter valued at about $101,000. Carolinas Wealth Consulting LLC boosted its stake in SPDR S&P Global Natural Resources ETF by 20.0% during the second quarter. Carolinas Wealth Consulting LLC now owns 1,847 shares of the company’s stock worth $103,000 after buying an additional 308 shares during the period. Finally, Mesirow Financial Investment Management Inc. acquired a new stake in shares of SPDR S&P Global Natural Resources ETF during the third quarter valued at about $224,000.

SPDR S&P Global Natural Resources ETF Stock Performance

Shares of GNR stock opened at $51.73 on Wednesday. The firm has a market cap of $2.99 billion, a P/E ratio of 7.30 and a beta of 0.83. The firm’s 50 day moving average price is $52.68 and its 200-day moving average price is $54.84. SPDR S&P Global Natural Resources ETF has a one year low of $48.54 and a one year high of $60.63.

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.