FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Trading 0.2% Higher – What’s Next?

Shares of FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) traded up 0.2% during mid-day trading on Tuesday . The stock traded as high as $38.34 and last traded at $38.01. 405,922 shares changed hands during trading, a decline of 46% from the average session volume of 748,161 shares. The stock had previously closed at $37.92.

FlexShares Global Upstream Natural Resources Index Fund Price Performance

The company has a 50 day simple moving average of $37.94 and a 200-day simple moving average of $38.99. The stock 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

Hedge funds and other institutional investors have recently modified their holdings of the stock. BNP Paribas Financial Markets increased 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 valued at $45,000 after purchasing an additional 1,094 shares during the period. Avior Wealth Management LLC increased its holdings in FlexShares Global Upstream Natural Resources Index Fund by 977.8% during the 4th quarter. Avior Wealth Management LLC now owns 1,552 shares of the company’s stock valued at $56,000 after purchasing an additional 1,408 shares during the period. OLD Second National Bank of Aurora purchased a new position in FlexShares Global Upstream Natural Resources Index Fund during the 4th quarter valued at about $163,000. Jones Financial Companies Lllp increased its holdings in FlexShares Global Upstream Natural Resources Index Fund by 11.1% during the 4th quarter. Jones Financial Companies Lllp now owns 4,931 shares of the company’s stock valued at $179,000 after purchasing an additional 492 shares during the period. Finally, Essex Savings Bank purchased a new position in FlexShares Global Upstream Natural Resources Index Fund during the 4th quarter valued at about $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.