Tocqueville Asset Management L.P. Makes New $4.33 Million Investment in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Tocqueville Asset Management L.P. bought a new stake in shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 87,080 shares of the company’s stock, valued at approximately $4,333,000. Tocqueville Asset Management L.P. owned about 0.15% of SPDR S&P Global Natural Resources ETF at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Pure Financial Advisors LLC increased its holdings in SPDR S&P Global Natural Resources ETF by 9.3% during the fourth quarter. Pure Financial Advisors LLC now owns 1,788,851 shares of the company’s stock worth $89,013,000 after buying an additional 151,624 shares during the last quarter. Nepc LLC increased its stake in shares of SPDR S&P Global Natural Resources ETF by 12.1% during the 3rd quarter. Nepc LLC now owns 522,131 shares of the company’s stock worth $30,111,000 after purchasing an additional 56,191 shares during the last quarter. FMR LLC increased its stake in shares of SPDR S&P Global Natural Resources ETF by 195.9% during the 3rd quarter. FMR LLC now owns 472,322 shares of the company’s stock worth $27,239,000 after purchasing an additional 312,726 shares during the last quarter. Raymond James Financial Inc. purchased a new position in SPDR S&P Global Natural Resources ETF in the fourth quarter valued at approximately $21,830,000. Finally, AMG National Trust Bank grew its holdings in SPDR S&P Global Natural Resources ETF by 10.6% during the fourth quarter. AMG National Trust Bank now owns 362,805 shares of the company’s stock valued at $17,912,000 after purchasing an additional 34,755 shares during the period.

SPDR S&P Global Natural Resources ETF Price Performance

NYSEARCA:GNR opened at $54.09 on Wednesday. SPDR S&P Global Natural Resources ETF has a 1 year low of $48.54 and a 1 year high of $60.64. The business has a fifty day simple moving average of $52.62 and a two-hundred day simple moving average of $53.89. The company has a market capitalization of $2.79 billion, a P/E ratio of 16.06 and a beta of 0.95.

SPDR S&P Global Natural Resources ETF 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.