Rinkey Investments Makes New $8.07 Million Investment in SPDR S&P Global Natural Resources ETF $GNR

Rinkey Investments bought a new stake in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 119,924 shares of the company’s stock, valued at approximately $8,072,000. SPDR S&P Global Natural Resources ETF makes up about 1.8% of Rinkey Investments’ holdings, making the stock its 16th largest position. Rinkey Investments owned about 0.18% of SPDR S&P Global Natural Resources ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Pure Financial Advisors LLC grew its position in shares of SPDR S&P Global Natural Resources ETF by 4.5% in the fourth quarter. Pure Financial Advisors LLC now owns 2,140,794 shares of the company’s stock valued at $133,029,000 after purchasing an additional 91,337 shares during the period. M&T Bank Corp increased its stake in shares of SPDR S&P Global Natural Resources ETF by 3,019.5% during the fourth quarter. M&T Bank Corp now owns 123,251 shares of the company’s stock worth $7,659,000 after purchasing an additional 119,300 shares in the last quarter. Private Advisor Group LLC acquired a new position in shares of SPDR S&P Global Natural Resources ETF during the 1st quarter worth about $1,665,000. Boltwood Capital Management raised its position in shares of SPDR S&P Global Natural Resources ETF by 36.9% during the 2nd quarter. Boltwood Capital Management now owns 67,202 shares of the company’s stock worth $4,523,000 after purchasing an additional 18,127 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its stake in SPDR S&P Global Natural Resources ETF by 65.2% in the 1st quarter. Principal Financial Group Inc. now owns 357,075 shares of the company’s stock valued at $26,663,000 after buying an additional 140,925 shares in the last quarter.

SPDR S&P Global Natural Resources ETF Trading Up 0.3%

GNR stock opened at $78.06 on Tuesday. SPDR S&P Global Natural Resources ETF has a 12-month low of $57.23 and a 12-month high of $79.49. The stock has a market cap of $5.16 billion, a price-to-earnings ratio of 16.16 and a beta of 0.62. The business’s 50-day moving average is $72.08 and its 200 day moving average is $72.96.

About SPDR S&P Global Natural Resources ETF

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.