SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Sees Strong Trading Volume – Still a Buy?

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) shares saw strong trading volume on Friday . 32,825 shares were traded during trading, an increase of 55% from the previous session’s volume of 21,186 shares.The stock last traded at $52.57 and had previously closed at $52.52.

SPDR S&P North American Natural Resources ETF Price Performance

The company has a market cap of $524.85 million, a PE ratio of 9.81 and a beta of 0.71. The stock has a 50 day simple moving average of $54.65 and a two-hundred day simple moving average of $55.29.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SPDR S&P North American Natural Resources ETF stock. Flow Traders U.S. LLC acquired a new position in shares of SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 4,570 shares of the company’s stock, valued at approximately $259,000.

SPDR S&P North American Natural Resources ETF Company Profile

The SPDR S&P North American Natural Resources ETF (NANR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of US & Canadian firms involved in natural resources and commodities businesses. NANR was launched on Dec 15, 2015 and is managed by State Street.