Nicolet Advisory Services LLC Lowers Stock Holdings in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Nicolet Advisory Services LLC cut its stake in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 4.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,110 shares of the company’s stock after selling 247 shares during the quarter. Nicolet Advisory Services LLC’s holdings in SPDR S&P Global Natural Resources ETF were worth $259,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of GNR. Lee Danner & Bass Inc. bought a new position in shares of SPDR S&P Global Natural Resources ETF during the fourth quarter valued at approximately $39,000. Blue Trust Inc. lifted its holdings in SPDR S&P Global Natural Resources ETF by 125.5% during the fourth quarter. Blue Trust Inc. now owns 1,157 shares of the company’s stock worth $58,000 after buying an additional 644 shares during the period. Garde Capital Inc. bought a new stake in SPDR S&P Global Natural Resources ETF during the 3rd quarter valued at $101,000. Cullen Frost Bankers Inc. purchased a new position in shares of SPDR S&P Global Natural Resources ETF in the 4th quarter valued at $102,000. Finally, Geneos Wealth Management Inc. lifted its stake in shares of SPDR S&P Global Natural Resources ETF by 16.4% during the 4th quarter. Geneos Wealth Management Inc. now owns 2,201 shares of the company’s stock worth $110,000 after purchasing an additional 310 shares during the last quarter.

SPDR S&P Global Natural Resources ETF Price Performance

GNR opened at $47.52 on Friday. The firm has a market capitalization of $2.44 billion, a PE ratio of 16.08 and a beta of 0.84. The business’s 50-day moving average is $52.91 and its two-hundred day moving average is $53.78. SPDR S&P Global Natural Resources ETF has a 1 year low of $47.27 and a 1 year high of $60.64.

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.