CoreCommodity Natural Resources ETF (NASDAQ:CCNR) Sets New 12-Month High – What’s Next?

CoreCommodity Natural Resources ETF (NASDAQ:CCNRGet Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $40.92 and last traded at $39.14, with a volume of 1010 shares traded. The stock had previously closed at $39.51.

CoreCommodity Natural Resources ETF Stock Down 0.2%

The company has a 50 day simple moving average of $35.43 and a 200-day simple moving average of $32.12. The stock has a market cap of $15.46 billion, a price-to-earnings ratio of 12.52 and a beta of 30.62.

CoreCommodity Natural Resources ETF Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Tuesday, December 9th. Shareholders of record on Monday, December 8th were issued a $1.1419 dividend. This represents a yield of 358.0%. The ex-dividend date of this dividend was Monday, December 8th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. MML Investors Services LLC bought a new stake in shares of CoreCommodity Natural Resources ETF during the 4th quarter valued at about $239,000. LPL Financial LLC bought a new position in CoreCommodity Natural Resources ETF in the fourth quarter worth about $417,000. Jane Street Group LLC acquired a new position in CoreCommodity Natural Resources ETF in the second quarter valued at approximately $501,000. Royal Bank of Canada bought a new position in shares of CoreCommodity Natural Resources ETF during the fourth quarter valued at approximately $639,000. Finally, Goldman Sachs Group Inc. acquired a new stake in shares of CoreCommodity Natural Resources ETF during the 1st quarter worth approximately $5,103,000.

About CoreCommodity Natural Resources ETF

(Get Free Report)

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. CCNR was launched on Jul 10, 2024 and is issued by SS&C.

Further Reading

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