Summit Financial LLC Sells 123,002 Shares of SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

Summit Financial LLC trimmed its stake in SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR) by 22.6% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 421,029 shares of the company’s stock after selling 123,002 shares during the quarter. SPDR S&P Global Natural Resources ETF makes up 3.3% of Summit Financial LLC’s holdings, making the stock its 6th largest holding. Summit Financial LLC’s holdings in SPDR S&P Global Natural Resources ETF were worth $19,313,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Legacy Advisors LLC acquired a new position in shares of SPDR S&P Global Natural Resources ETF in the 2nd quarter worth $28,000. Advisory Alpha LLC acquired a new position in shares of SPDR S&P Global Natural Resources ETF in the 1st quarter worth $32,000. AdvisorNet Financial Inc grew its holdings in shares of SPDR S&P Global Natural Resources ETF by 443.0% in the 2nd quarter. AdvisorNet Financial Inc now owns 934 shares of the company’s stock worth $43,000 after acquiring an additional 762 shares during the last quarter. Coastal Capital Group Inc. acquired a new position in shares of SPDR S&P Global Natural Resources ETF in the 2nd quarter worth $101,000. Finally, Carroll Financial Associates Inc. acquired a new position in shares of SPDR S&P Global Natural Resources ETF in the 1st quarter worth $132,000.

Shares of NYSEARCA GNR traded down $0.45 during mid-day trading on Thursday, reaching $40.33. The company had a trading volume of 556 shares, compared to its average volume of 146,528. The business has a 50-day moving average price of $44.55. SPDR S&P Global Natural Resources ETF has a 1-year low of $39.44 and a 1-year high of $51.25.

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Institutional Ownership by Quarter for SPDR S&P Global Natural Resources ETF (NYSEARCA:GNR)

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