Townsquare Capital LLC Grows Stock Position in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Townsquare Capital LLC grew its holdings in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 25.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 143,216 shares of the company’s stock after buying an additional 28,793 shares during the period. Townsquare Capital LLC’s holdings in SPDR S&P Global Natural Resources ETF were worth $7,126,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Raymond James Financial Inc. acquired a new stake in SPDR S&P Global Natural Resources ETF in the 4th quarter worth approximately $21,830,000. Strategic Investment Management LLC purchased a new position in shares of SPDR S&P Global Natural Resources ETF in the fourth quarter worth $8,230,000. Pure Financial Advisors LLC lifted its stake in shares of SPDR S&P Global Natural Resources ETF by 9.3% during the fourth quarter. Pure Financial Advisors LLC now owns 1,788,851 shares of the company’s stock worth $89,013,000 after buying an additional 151,624 shares during the period. Wealthfront Advisers LLC grew its holdings in shares of SPDR S&P Global Natural Resources ETF by 252.3% during the fourth quarter. Wealthfront Advisers LLC now owns 163,354 shares of the company’s stock valued at $8,128,000 after buying an additional 116,989 shares during the last quarter. Finally, Tocqueville Asset Management L.P. acquired a new position in shares of SPDR S&P Global Natural Resources ETF in the 4th quarter valued at $4,333,000.

SPDR S&P Global Natural Resources ETF Stock Performance

Shares of GNR opened at $49.63 on Friday. The stock has a 50-day moving average of $52.26 and a two-hundred day moving average of $53.37. The stock has a market cap of $2.55 billion, a P/E ratio of 16.08 and a beta of 0.84. SPDR S&P Global Natural Resources ETF has a one year low of $45.18 and a one year high of $60.64.

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.