FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Trading 0.6% Higher – Here’s Why

Shares of FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) traded up 0.6% during trading on Tuesday . The company traded as high as $38.49 and last traded at $38.44. 584,794 shares were traded during trading, a decline of 11% from the average session volume of 660,149 shares. The stock had previously closed at $38.21.

FlexShares Global Upstream Natural Resources Index Fund Stock Up 0.6 %

The company’s fifty day moving average is $38.00 and its 200 day moving average is $39.49. The stock has a market cap of $6.07 billion, a PE ratio of 7.47 and a beta of 0.79.

Hedge Funds Weigh In On FlexShares Global Upstream Natural Resources Index Fund

A number of institutional investors have recently added to or reduced their stakes in the company. Connable Office Inc. increased its holdings in FlexShares Global Upstream Natural Resources Index Fund by 1.2% in the third quarter. Connable Office Inc. now owns 744,510 shares of the company’s stock valued at $30,711,000 after buying an additional 8,581 shares during the last quarter. Versant Capital Management Inc boosted its holdings in shares of FlexShares Global Upstream Natural Resources Index Fund by 3.8% during the fourth 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 during the period. Flow Traders U.S. LLC grew its position in shares of FlexShares Global Upstream Natural Resources Index Fund by 436.1% during the third quarter. Flow Traders U.S. LLC now owns 291,698 shares of the company’s stock worth $12,033,000 after acquiring an additional 237,285 shares during the last quarter. Arkansas Financial Group Inc. increased its holdings in shares of FlexShares Global Upstream Natural Resources Index Fund by 2.0% in the 3rd quarter. Arkansas Financial Group Inc. now owns 227,048 shares of the company’s stock worth $9,366,000 after acquiring an additional 4,520 shares during the period. Finally, IAG Wealth Partners LLC lifted its position in FlexShares Global Upstream Natural Resources Index Fund by 11.3% in the 3rd quarter. IAG Wealth Partners LLC now owns 166,801 shares of the company’s stock valued at $6,881,000 after purchasing an additional 16,888 shares during the last quarter.

About FlexShares Global Upstream Natural Resources Index Fund

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.