CoreCommodity Natural Resources ETF (NASDAQ:CCNR) Sets New 12-Month High – Time to Buy?

Shares of CoreCommodity Natural Resources ETF (NASDAQ:CCNRGet Free Report) reached a new 52-week high on Tuesday . The company traded as high as $40.23 and last traded at $39.90, with a volume of 47308 shares traded. The stock had previously closed at $39.72.

CoreCommodity Natural Resources ETF Stock Up 0.3%

The stock’s 50 day moving average price is $36.35 and its 200-day moving average price is $32.62. The stock has a market capitalization of $16.02 billion, a PE ratio of 12.52 and a beta of 30.62.

CoreCommodity Natural Resources ETF Announces Dividend

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

Institutional Trading of CoreCommodity Natural Resources ETF

A number of large investors have recently modified their holdings of the company. Joseph Group Capital Management bought a new stake in CoreCommodity Natural Resources ETF during the 2nd quarter valued at $11,920,000. Goldman Sachs Group Inc. purchased a new position in shares of CoreCommodity Natural Resources ETF during the first quarter valued at $5,103,000. OLD Mission Capital LLC raised its holdings in shares of CoreCommodity Natural Resources ETF by 90.1% in the fourth quarter. OLD Mission Capital LLC now owns 27,833 shares of the company’s stock valued at $912,000 after acquiring an additional 13,195 shares in the last quarter. Royal Bank of Canada purchased a new stake in CoreCommodity Natural Resources ETF in the fourth quarter worth about $639,000. Finally, Jane Street Group LLC bought a new position in CoreCommodity Natural Resources ETF during the 2nd quarter worth about $501,000.

CoreCommodity Natural Resources ETF Company Profile

(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.

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