Patriot Investment Management Group Inc. Sells 1,930 Shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Patriot Investment Management Group Inc. reduced its stake in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 30.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,470 shares of the company’s stock after selling 1,930 shares during the period. Patriot Investment Management Group Inc.’s holdings in SPDR S&P Global Natural Resources ETF were worth $222,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Blue Trust Inc. lifted its position in shares of SPDR S&P Global Natural Resources ETF by 134.2% in the 3rd quarter. Blue Trust Inc. now owns 513 shares of the company’s stock worth $29,000 after purchasing an additional 294 shares during the period. Beaird Harris Wealth Management LLC bought a new position in SPDR S&P Global Natural Resources ETF in the second quarter worth approximately $50,000. Garde Capital Inc. purchased a new stake in SPDR S&P Global Natural Resources ETF during the third quarter worth $101,000. Mesirow Financial Investment Management Inc. bought a new stake in SPDR S&P Global Natural Resources ETF during the 3rd quarter valued at $224,000. Finally, ASB Consultores LLC purchased a new position in shares of SPDR S&P Global Natural Resources ETF in the 3rd quarter valued at $233,000.

SPDR S&P Global Natural Resources ETF Price Performance

Shares of NYSEARCA GNR opened at $52.87 on Friday. SPDR S&P Global Natural Resources ETF has a 1-year low of $48.54 and a 1-year high of $60.63. The business has a fifty day moving average price of $52.33 and a 200 day moving average price of $54.66. The stock has a market capitalization of $3.06 billion, a P/E ratio of 7.30 and a beta of 0.83.

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.