Sendero Wealth Management LLC Trims Holdings in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Sendero Wealth Management LLC cut its position in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 3.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 694,571 shares of the company’s stock after selling 25,946 shares during the period. SPDR S&P Global Natural Resources ETF comprises about 6.3% of Sendero Wealth Management LLC’s portfolio, making the stock its 2nd largest position. Sendero Wealth Management LLC’s holdings in SPDR S&P Global Natural Resources ETF were worth $40,056,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Dupree Financial Group LLC grew its holdings in shares of SPDR S&P Global Natural Resources ETF by 2.6% during the first quarter. Dupree Financial Group LLC now owns 9,242 shares of the company’s stock worth $535,000 after buying an additional 230 shares in the last quarter. Perritt Capital Management Inc. raised its holdings in shares of SPDR S&P Global Natural Resources ETF by 1.2% in the first quarter. Perritt Capital Management Inc. now owns 19,493 shares of the company’s stock valued at $1,129,000 after purchasing an additional 230 shares during the last quarter. Carolinas Wealth Consulting LLC raised its holdings in shares of SPDR S&P Global Natural Resources ETF by 20.0% in the second quarter. Carolinas Wealth Consulting LLC now owns 1,847 shares of the company’s stock valued at $103,000 after purchasing an additional 308 shares during the last quarter. CGC Financial Services LLC lifted its position in shares of SPDR S&P Global Natural Resources ETF by 5.5% in the second quarter. CGC Financial Services LLC now owns 6,583 shares of the company’s stock worth $368,000 after purchasing an additional 343 shares in the last quarter. Finally, Oxford Financial Group LTD. LLC boosted its holdings in SPDR S&P Global Natural Resources ETF by 0.6% during the fourth quarter. Oxford Financial Group LTD. LLC now owns 74,714 shares of the company’s stock worth $4,233,000 after purchasing an additional 469 shares during the last quarter.

SPDR S&P Global Natural Resources ETF Stock Performance

GNR traded up $0.24 on Thursday, hitting $57.40. 62,073 shares of the company were exchanged, compared to its average volume of 260,220. The stock’s fifty day moving average is $55.71 and its 200-day moving average is $56.92. The company has a market cap of $3.32 billion, a PE ratio of 7.30 and a beta of 0.83. SPDR S&P Global Natural Resources ETF has a 12 month low of $51.68 and a 12 month 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.