Kanawha Capital Management LLC Trims Stake in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Kanawha Capital Management LLC reduced its holdings in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 3.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,210 shares of the company’s stock after selling 700 shares during the period. Kanawha Capital Management LLC’s holdings in SPDR S&P Global Natural Resources ETF were worth $956,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Pure Financial Advisors LLC increased its stake in shares of SPDR S&P Global Natural Resources ETF by 9.3% in the fourth quarter. Pure Financial Advisors LLC now owns 1,788,851 shares of the company’s stock worth $89,013,000 after purchasing an additional 151,624 shares in the last quarter. Nepc LLC increased its stake in shares of SPDR S&P Global Natural Resources ETF by 12.1% in the third quarter. Nepc LLC now owns 522,131 shares of the company’s stock worth $30,111,000 after purchasing an additional 56,191 shares in the last quarter. FMR LLC increased its stake in shares of SPDR S&P Global Natural Resources ETF by 195.9% in the third quarter. FMR LLC now owns 472,322 shares of the company’s stock worth $27,239,000 after purchasing an additional 312,726 shares in the last quarter. Raymond James & Associates increased its stake in shares of SPDR S&P Global Natural Resources ETF by 3.2% in the third quarter. Raymond James & Associates now owns 362,791 shares of the company’s stock worth $20,922,000 after purchasing an additional 11,191 shares in the last quarter. Finally, AMG National Trust Bank increased its stake in shares of SPDR S&P Global Natural Resources ETF by 22.0% in the third quarter. AMG National Trust Bank now owns 328,050 shares of the company’s stock worth $18,919,000 after purchasing an additional 59,128 shares in the last quarter.

SPDR S&P Global Natural Resources ETF Price Performance

Shares of NYSEARCA GNR opened at $53.61 on Friday. The firm has a fifty day moving average price of $51.78 and a 200-day moving average price of $54.30. The stock has a market cap of $3.10 billion, a PE ratio of 7.30 and a beta of 0.83. SPDR S&P Global Natural Resources ETF has a 1 year low of $48.54 and a 1 year high of $60.63.

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.