Nicolet Advisory Services LLC Reduces Stock Holdings in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Nicolet Advisory Services LLC cut its holdings in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 4.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,110 shares of the company’s stock after selling 247 shares during the quarter. Nicolet Advisory Services LLC’s holdings in SPDR S&P Global Natural Resources ETF were worth $259,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. OneAscent Financial Services LLC purchased a new position in shares of SPDR S&P Global Natural Resources ETF in the fourth quarter worth $1,075,000. Perritt Capital Management Inc raised its stake in SPDR S&P Global Natural Resources ETF by 57.1% in the 4th quarter. Perritt Capital Management Inc now owns 28,119 shares of the company’s stock worth $1,399,000 after acquiring an additional 10,220 shares during the last quarter. Summit Financial LLC lifted its position in SPDR S&P Global Natural Resources ETF by 1.1% during the 4th quarter. Summit Financial LLC now owns 66,548 shares of the company’s stock worth $3,311,000 after acquiring an additional 731 shares during the period. Alliancebernstein L.P. grew its stake in SPDR S&P Global Natural Resources ETF by 11.2% during the 4th quarter. Alliancebernstein L.P. now owns 606,729 shares of the company’s stock valued at $30,191,000 after purchasing an additional 61,337 shares during the last quarter. Finally, Schroder Investment Management Group increased its holdings in shares of SPDR S&P Global Natural Resources ETF by 3.1% in the fourth quarter. Schroder Investment Management Group now owns 100,106 shares of the company’s stock valued at $4,942,000 after purchasing an additional 3,019 shares during the period.

SPDR S&P Global Natural Resources ETF Trading Down 7.4 %

Shares of NYSEARCA:GNR opened at $47.52 on Friday. The company’s 50 day moving average is $52.91 and its 200 day moving average is $53.78. The company has a market cap of $2.44 billion, a PE ratio of 16.08 and a beta of 0.84. SPDR S&P Global Natural Resources ETF has a twelve month low of $47.27 and a twelve month 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.