FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Stock Price Up 0.4% – Here’s Why

FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) traded up 0.4% on Tuesday . The company traded as high as $39.00 and last traded at $38.95. 347,980 shares changed hands during trading, a decline of 51% from the average session volume of 710,742 shares. The stock had previously closed at $38.81.

FlexShares Global Upstream Natural Resources Index Fund Stock Performance

The firm has a fifty day simple moving average of $38.39 and a 200-day simple moving average of $38.90. The company has a market capitalization of $4.79 billion, a PE ratio of 15.37 and a beta of 0.79.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets lifted its holdings in FlexShares Global Upstream Natural Resources Index Fund by 54,700.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,096 shares of the company’s stock worth $45,000 after buying an additional 1,094 shares during the last quarter. Avior Wealth Management LLC lifted its stake 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 purchasing an additional 1,408 shares during the last quarter. OLD Second National Bank of Aurora bought a new position in FlexShares Global Upstream Natural Resources Index Fund during the fourth quarter worth $163,000. Jones Financial Companies Lllp boosted its holdings in FlexShares Global Upstream Natural Resources Index Fund by 11.1% in the fourth quarter. Jones Financial Companies Lllp now owns 4,931 shares of the company’s stock worth $179,000 after purchasing an additional 492 shares during the period. Finally, Essex Savings Bank bought a new stake in FlexShares Global Upstream Natural Resources Index Fund during the fourth quarter valued at $232,000.

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.