Duff & Phelps Investment Management Co. Sells 1,500 Shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Duff & Phelps Investment Management Co. lowered its stake in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 4.3% during the second quarter, Holdings Channel.com reports. The institutional investor owned 33,050 shares of the company’s stock after selling 1,500 shares during the quarter. Duff & Phelps Investment Management Co.’s holdings in SPDR S&P Global Natural Resources ETF were worth $1,846,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Beaird Harris Wealth Management LLC bought a new position in shares of SPDR S&P Global Natural Resources ETF during the 2nd quarter worth approximately $50,000. RE Dickinson Investment Advisors LLC acquired a new position in shares of SPDR S&P Global Natural Resources ETF during the 4th quarter worth $55,000. Carolinas Wealth Consulting LLC raised its holdings in shares of SPDR S&P Global Natural Resources ETF by 20.0% during the 2nd quarter. Carolinas Wealth Consulting LLC now owns 1,847 shares of the company’s stock worth $103,000 after buying an additional 308 shares in the last quarter. EP Wealth Advisors LLC acquired a new position in shares of SPDR S&P Global Natural Resources ETF during the 1st quarter worth $115,000. Finally, Cullen Frost Bankers Inc. acquired a new position in shares of SPDR S&P Global Natural Resources ETF during the 2nd quarter worth $123,000.

SPDR S&P Global Natural Resources ETF Stock Up 0.6 %

Shares of GNR opened at $57.86 on Monday. SPDR S&P Global Natural Resources ETF has a 12-month low of $51.68 and a 12-month high of $60.63. The business has a 50-day simple moving average of $55.40 and a two-hundred day simple moving average of $56.83. The stock has a market cap of $3.35 billion, a PE ratio of 7.30 and a beta of 0.83.

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.