SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Hits New 1-Year High – Here’s Why

Shares of SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) reached a new 52-week high on Monday . The stock traded as high as $72.67 and last traded at $72.5810, with a volume of 12210 shares trading hands. The stock had previously closed at $71.97.

SPDR S&P North American Natural Resources ETF Stock Performance

The stock has a market capitalization of $816.98 million, a PE ratio of 18.42 and a beta of 0.75. The company’s fifty day simple moving average is $66.72 and its two-hundred day simple moving average is $63.09.

Institutional Trading of SPDR S&P North American Natural Resources ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Fiduciary Alliance LLC raised its holdings in SPDR S&P North American Natural Resources ETF by 6.5% during the third quarter. Fiduciary Alliance LLC now owns 50,294 shares of the company’s stock worth $3,249,000 after purchasing an additional 3,081 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of SPDR S&P North American Natural Resources ETF by 12.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 8,016 shares of the company’s stock valued at $521,000 after acquiring an additional 912 shares in the last quarter. Horizon Investments LLC grew its position in shares of SPDR S&P North American Natural Resources ETF by 46.3% in the third quarter. Horizon Investments LLC now owns 7,152 shares of the company’s stock valued at $462,000 after purchasing an additional 2,265 shares during the last quarter. Atlantic Union Bankshares Corp bought a new position in SPDR S&P North American Natural Resources ETF during the second quarter worth $195,000. Finally, Triumph Capital Management acquired a new position in shares of SPDR S&P North American Natural Resources ETF in the third quarter valued at $204,000.

About SPDR S&P North American Natural Resources ETF

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.