Geneos Wealth Management Inc. Increases Holdings in SPDR S&P Global Natural Resources ETF

In a recent regulatory filing with the SEC, Geneos Wealth Management Inc. has reported a 16.4% increase in its position in the SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR). During the fourth quarter, the firm acquired an additional 310 shares, bringing its total ownership to 2,201 shares in this ETF. The total value of Geneos Wealth Management’s holdings in the fund is estimated at $110,000 based on their latest SEC disclosure.

In addition to Geneos, several other institutional investors and hedge funds have also made changes to their positions in the SPDR S&P Global Natural Resources ETF. For instance, Blue Trust Inc. increased its holdings by an impressive 134.2% during the third quarter, now owning 513 shares valued at approximately $29,000 after purchasing an additional 294 shares. Other notable additions include Garde Capital Inc., which acquired a new position worth about $101,000, and Mesirow Financial Investment Management Inc., which invested approximately $224,000 into the ETF. ASB Consultores LLC and Cary Street Partners Asset Management LLC also initiated new positions valued at around $233,000 and $235,000, respectively, during the same period.

Performance of SPDR S&P Global Natural Resources ETF

As of Friday, the SPDR S&P Global Natural Resources ETF (GNR) opened at $52.87. The ETF has a total market capitalization of $3.06 billion, with a price-to-earnings (P/E) ratio of 7.30 and a beta of 0.83. The fund’s fifty-day moving average stands at $52.16, while its 200-day moving average is at $54.55. Over the past year, GNR has experienced a 52-week low of $48.54 and a high of $60.63.

About SPDR S&P Global Natural Resources ETF

The SPDR S&P Global Natural Resources ETF (GNR) is designed to track the S&P Global Natural Resources Index. This exchange-traded fund (ETF) includes various global companies operating within the natural resources and commodity sectors. Launched on September 13, 2010, the fund is managed by State Street.

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