Principal Financial Group Inc. Purchases 140,925 Shares of SPDR S&P Global Natural Resources ETF $GNR

Principal Financial Group Inc. raised its position in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 65.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 357,075 shares of the company’s stock after acquiring an additional 140,925 shares during the quarter. Principal Financial Group Inc. owned approximately 0.55% of SPDR S&P Global Natural Resources ETF worth $26,663,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC bought a new stake in shares of SPDR S&P Global Natural Resources ETF in the first quarter worth about $25,000. Signaturefd LLC raised its position in SPDR S&P Global Natural Resources ETF by 166.7% during the 4th quarter. Signaturefd LLC now owns 400 shares of the company’s stock valued at $25,000 after purchasing an additional 250 shares during the last quarter. Qube Research & Technologies Ltd bought a new position in SPDR S&P Global Natural Resources ETF during the 3rd quarter valued at approximately $28,000. Cornerstone Planning Group LLC lifted its holdings in SPDR S&P Global Natural Resources ETF by 575.9% in the 4th quarter. Cornerstone Planning Group LLC now owns 534 shares of the company’s stock worth $33,000 after buying an additional 455 shares during the period. Finally, Arax Advisory Partners purchased a new stake in SPDR S&P Global Natural Resources ETF in the 4th quarter worth approximately $35,000.

SPDR S&P Global Natural Resources ETF Stock Performance

Shares of GNR stock opened at $69.19 on Tuesday. The firm has a market cap of $4.58 billion, a P/E ratio of 16.16 and a beta of 0.63. SPDR S&P Global Natural Resources ETF has a fifty-two week low of $53.92 and a fifty-two week high of $76.14. The business’s 50 day moving average price is $70.93 and its 200-day moving average price is $71.38.

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.