SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) Sees Strong Trading Volume – What’s Next?

SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) shares saw unusually-strong trading volume on Friday . Approximately 32,825 shares traded hands during mid-day trading, an increase of 55% from the previous session’s volume of 21,186 shares.The stock last traded at $52.57 and had previously closed at $52.52.

SPDR S&P North American Natural Resources ETF Price Performance

The company has a market capitalization of $526.45 million, a price-to-earnings ratio of 9.81 and a beta of 0.71. The stock has a 50 day moving average price of $54.71 and a two-hundred day moving average price of $55.31.

Hedge Funds Weigh In On SPDR S&P North American Natural Resources ETF

An institutional investor recently bought a new position in SPDR S&P North American Natural Resources ETF stock. Flow Traders U.S. LLC bought a new stake in SPDR S&P North American Natural Resources ETF (NYSEARCA:NANR) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 4,570 shares of the company’s stock, valued at approximately $259,000.

SPDR S&P North American Natural Resources ETF Company Profile

The SPDR S&P North American Natural Resources ETF (NANR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of US & Canadian firms involved in natural resources and commodities businesses. NANR was launched on Dec 15, 2015 and is managed by State Street.