FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Trading Up 0.2% – Time to Buy?

FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNRGet Free Report)’s share price were up 0.2% during mid-day trading on Tuesday . The stock traded as high as $38.34 and last traded at $38.01. Approximately 405,922 shares traded hands during trading, a decline of 46% from the average daily volume of 748,161 shares. The stock had previously closed at $37.92.

FlexShares Global Upstream Natural Resources Index Fund Stock Performance

The company has a 50 day moving average of $37.87 and a 200 day moving average of $39.01. The firm has a market cap of $4.92 billion, a P/E ratio of 14.82 and a beta of 0.93.

Institutional Investors Weigh In On FlexShares Global Upstream Natural Resources Index Fund

Institutional investors and hedge funds have recently modified their holdings of the business. Avior Wealth Management LLC increased its position in FlexShares Global Upstream Natural Resources Index Fund by 977.8% during the fourth quarter. Avior Wealth Management LLC now owns 1,552 shares of the company’s stock worth $56,000 after buying an additional 1,408 shares during the last quarter. Missouri Trust & Investment Co boosted its stake in shares of FlexShares Global Upstream Natural Resources Index Fund by 6.3% during the 4th quarter. Missouri Trust & Investment Co now owns 65,991 shares of the company’s stock worth $2,399,000 after acquiring an additional 3,937 shares in the last quarter. Essex Savings Bank acquired a new position in shares of FlexShares Global Upstream Natural Resources Index Fund during the 4th quarter valued at about $232,000. Versant Capital Management Inc raised its stake in shares of FlexShares Global Upstream Natural Resources Index Fund by 3.8% in the 4th quarter. Versant Capital Management Inc now owns 531,053 shares of the company’s stock valued at $19,309,000 after acquiring an additional 19,338 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in FlexShares Global Upstream Natural Resources Index Fund by 54,700.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,096 shares of the company’s stock worth $45,000 after purchasing an additional 1,094 shares during the last quarter.

About FlexShares Global Upstream Natural Resources Index Fund

(Get Free Report)

The FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies that operate, manage or produce natural resources in energy, agriculture, metals, timber or water.

Further Reading

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