SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Hits New 12-Month High – What’s Next?

Shares of SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) reached a new 52-week high on Friday . The stock traded as high as $86.67 and last traded at $86.62, with a volume of 3415 shares. The stock had previously closed at $85.16.

SPDR S&P North American Natural Resources ETF Stock Performance

The business’s fifty day simple moving average is $79.05 and its 200-day simple moving average is $81.18. The firm has a market capitalization of $807.19 million, a PE ratio of 18.42 and a beta of 0.58.

Hedge Funds Weigh In On SPDR S&P North American Natural Resources ETF

Several institutional investors have recently bought and sold shares of NANR. Horizon Investments LLC increased its holdings in SPDR S&P North American Natural Resources ETF by 46.3% in the 3rd quarter. Horizon Investments LLC now owns 7,152 shares of the company’s stock valued at $462,000 after acquiring an additional 2,265 shares during the last quarter. Triumph Capital Management bought a new position in shares of SPDR S&P North American Natural Resources ETF during the 3rd quarter valued at about $204,000. Farther Finance Advisors LLC bought a new position in shares of SPDR S&P North American Natural Resources ETF during the 4th quarter valued at about $287,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of SPDR S&P North American Natural Resources ETF during the fourth quarter valued at about $25,000. Finally, Cornerstone Planning Group LLC grew its position in shares of SPDR S&P North American Natural Resources ETF by 3,764,700.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 188,240 shares of the company’s stock valued at $12,768,000 after purchasing an additional 188,235 shares in the last quarter.

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.