FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Trading Up 0.1% – Here’s Why

FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR)’s share price were up 0.1% during trading on Monday . The company traded as high as $39.02 and last traded at $38.63. Approximately 368,738 shares changed hands during trading, a decline of 57% from the average daily volume of 865,685 shares. The stock had previously closed at $38.61.

FlexShares Global Upstream Natural Resources Index Fund Stock Performance

The stock has a market cap of $6.10 billion, a PE ratio of 7.47 and a beta of 0.79. The business has a 50-day moving average of $37.61 and a 200 day moving average of $39.17.

Institutional Trading of FlexShares Global Upstream Natural Resources Index Fund

Hedge funds have recently added to or reduced their stakes in the business. IAG Wealth Partners LLC lifted its stake in shares of 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 in the last quarter. Missouri Trust & Investment Co lifted its stake in shares of FlexShares Global Upstream Natural Resources Index Fund by 10.8% in the 3rd quarter. Missouri Trust & Investment Co now owns 62,054 shares of the company’s stock valued at $2,560,000 after purchasing an additional 6,033 shares in the last quarter. Connable Office Inc. lifted its stake in shares of FlexShares Global Upstream Natural Resources Index Fund by 1.2% in the 3rd quarter. Connable Office Inc. now owns 744,510 shares of the company’s stock valued at $30,711,000 after purchasing an additional 8,581 shares in the last quarter. MAI Capital Management lifted its position in FlexShares Global Upstream Natural Resources Index Fund by 2.0% during the 3rd quarter. MAI Capital Management now owns 156,785 shares of the company’s stock worth $6,467,000 after acquiring an additional 3,003 shares in the last quarter. Finally, Studio Investment Management LLC lifted its position in FlexShares Global Upstream Natural Resources Index Fund by 1.7% during the 3rd quarter. Studio Investment Management LLC now owns 27,048 shares of the company’s stock worth $1,116,000 after acquiring an additional 463 shares in 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.