FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Sees Unusually-High Trading Volume – What’s Next?

Shares of FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) saw unusually-strong trading volume on Tuesday . Approximately 922,359 shares traded hands during trading, an increase of 29% from the previous session’s volume of 717,239 shares.The stock last traded at $36.33 and had previously closed at $36.15.

FlexShares Global Upstream Natural Resources Index Fund Stock Up 0.4 %

The firm has a market capitalization of $5.73 billion, a PE ratio of 7.47 and a beta of 0.79. The firm’s fifty day simple moving average is $38.91 and its 200-day simple moving average is $39.83.

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

Large investors have recently bought and sold shares of the business. Flow Traders U.S. LLC raised its stake in FlexShares Global Upstream Natural Resources Index Fund by 436.1% during the 3rd quarter. Flow Traders U.S. LLC now owns 291,698 shares of the company’s stock valued at $12,033,000 after buying an additional 237,285 shares during the last quarter. Beam Wealth Advisors Inc. bought a new position in FlexShares Global Upstream Natural Resources Index Fund in the second quarter valued at about $816,000. Versant Capital Management Inc boosted its position in FlexShares Global Upstream Natural Resources Index Fund by 3.9% in the third quarter. Versant Capital Management Inc now owns 511,715 shares of the company’s stock worth $21,108,000 after purchasing an additional 19,067 shares during the last quarter. LRI Investments LLC purchased a new position in shares of FlexShares Global Upstream Natural Resources Index Fund in the third quarter worth approximately $727,000. Finally, IAG Wealth Partners LLC boosted its stake in shares of FlexShares Global Upstream Natural Resources Index Fund by 11.3% during the 3rd quarter. IAG Wealth Partners LLC now owns 166,801 shares of the company’s stock worth $6,881,000 after acquiring an additional 16,888 shares during the last quarter.

FlexShares Global Upstream Natural Resources Index Fund Company Profile

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.