SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) Shares Sold by Valmark Advisers Inc.

Valmark Advisers Inc. trimmed its stake in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 0.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 93,542 shares of the company’s stock after selling 818 shares during the quarter. Valmark Advisers Inc. owned about 0.16% of SPDR S&P Global Natural Resources ETF worth $5,224,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in GNR. Palisades Hudson Asset Management L.P. lifted its stake in shares of SPDR S&P Global Natural Resources ETF by 1.5% in the second quarter. Palisades Hudson Asset Management L.P. now owns 59,112 shares of the company’s stock worth $3,301,000 after acquiring an additional 864 shares in the last quarter. Cadence Wealth Management LLC bought a new stake in shares of SPDR S&P Global Natural Resources ETF during the second quarter valued at approximately $855,000. Ingalls & Snyder LLC boosted its position in SPDR S&P Global Natural Resources ETF by 5.7% during the 2nd quarter. Ingalls & Snyder LLC now owns 18,955 shares of the company’s stock worth $1,059,000 after acquiring an additional 1,015 shares during the period. Commonwealth Equity Services LLC increased its holdings in shares of SPDR S&P Global Natural Resources ETF by 17.2% during the second quarter. Commonwealth Equity Services LLC now owns 45,131 shares of the company’s stock valued at $2,521,000 after purchasing an additional 6,612 shares during the period. Finally, AMG National Trust Bank increased its stake in SPDR S&P Global Natural Resources ETF by 41.9% during the 2nd quarter. AMG National Trust Bank now owns 268,922 shares of the company’s stock valued at $15,019,000 after buying an additional 79,366 shares during the period.

SPDR S&P Global Natural Resources ETF Price Performance

Shares of NYSEARCA GNR traded down $0.07 during mid-day trading on Friday, reaching $56.67. 92,652 shares of the company traded hands, compared to its average volume of 280,777. The firm has a market cap of $3.28 billion, a PE ratio of 7.30 and a beta of 0.83. SPDR S&P Global Natural Resources ETF has a fifty-two week low of $51.68 and a fifty-two week high of $60.63. The stock has a fifty day simple moving average of $55.83 and a 200-day simple moving average of $56.60.

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.