Bessemer Group Inc. Sells 45,465 Shares of SPDR S&P Global Natural Resources ETF $GNR

Bessemer Group Inc. lessened its stake in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 51.2% in the 2nd quarter, HoldingsChannel reports. The fund owned 43,291 shares of the company’s stock after selling 45,465 shares during the quarter. Bessemer Group Inc.’s holdings in SPDR S&P Global Natural Resources ETF were worth $2,348,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of GNR. NBT Bank N A NY lifted its position in shares of SPDR S&P Global Natural Resources ETF by 650.0% during the second quarter. NBT Bank N A NY now owns 750 shares of the company’s stock worth $41,000 after purchasing an additional 650 shares in the last quarter. IFP Advisors Inc increased its holdings in shares of SPDR S&P Global Natural Resources ETF by 100.0% in the first quarter. IFP Advisors Inc now owns 1,000 shares of the company’s stock valued at $53,000 after purchasing an additional 500 shares in the last quarter. Stone House Investment Management LLC bought a new position in SPDR S&P Global Natural Resources ETF in the 1st quarter worth approximately $87,000. Private Trust Co. NA lifted its holdings in SPDR S&P Global Natural Resources ETF by 294.6% during the 2nd quarter. Private Trust Co. NA now owns 1,815 shares of the company’s stock worth $98,000 after buying an additional 1,355 shares in the last quarter. Finally, Farther Finance Advisors LLC acquired a new position in SPDR S&P Global Natural Resources ETF during the 2nd quarter worth $202,000.

SPDR S&P Global Natural Resources ETF Stock Performance

Shares of GNR opened at $58.93 on Friday. The business’s fifty day moving average price is $58.67 and its two-hundred day moving average price is $55.63. The firm has a market capitalization of $3.85 billion, a price-to-earnings ratio of 16.16 and a beta of 0.81. SPDR S&P Global Natural Resources ETF has a 52 week low of $45.18 and a 52 week high of $60.12.

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.