CoreCommodity Natural Resources ETF (NASDAQ:CCNR) Hits New 1-Year High – Here’s What Happened

CoreCommodity Natural Resources ETF (NASDAQ:CCNR) hit a new 52-week high on Thursday . The stock traded as high as $27.07 and last traded at $26.31, with a volume of 49842 shares. The stock had previously closed at $26.16.

CoreCommodity Natural Resources ETF Stock Performance

The stock has a market capitalization of $9.73 billion and a PE ratio of 11.74. The business’s 50-day moving average is $24.30 and its two-hundred day moving average is $24.04.

Institutional Trading of CoreCommodity Natural Resources ETF

An institutional investor recently bought a new position in CoreCommodity Natural Resources ETF stock. Goldman Sachs Group Inc. acquired a new stake in CoreCommodity Natural Resources ETF (NASDAQ:CCNR) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 210,580 shares of the company’s stock, valued at approximately $5,103,000. Goldman Sachs Group Inc. owned 0.06% of CoreCommodity Natural Resources ETF as of its most recent SEC filing.

CoreCommodity Natural Resources ETF Company Profile

The ALPS CoreCommodity Natural Resources ETF (CCNR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks to maximize real returns through an actively managed portfolio of companies from around the globe that are engaged in natural resources, which includes energy, agriculture, as well as base and precious metals and minerals.