FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Trading 0.3% Higher

FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR)’s share price were up 0.3% during mid-day trading on Thursday . The company traded as high as $41.34 and last traded at $41.15. Approximately 437,602 shares were traded during trading, a decline of 40% from the average daily volume of 724,288 shares. The stock had previously closed at $41.02.

FlexShares Global Upstream Natural Resources Index Fund Trading Up 0.9 %

The firm’s 50-day moving average price is $40.05 and its 200 day moving average price is $39.74. The company has a market cap of $6.59 billion, a price-to-earnings ratio of 7.49 and a beta of 0.79.

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

Several hedge funds have recently added to or reduced their stakes in GUNR. Studio Investment Management LLC raised its holdings in shares of FlexShares Global Upstream Natural Resources Index Fund by 137.6% during the 3rd quarter. Studio Investment Management LLC now owns 12,497 shares of the company’s stock valued at $505,000 after buying an additional 7,237 shares in the last quarter. West Michigan Advisors LLC raised its stake in shares of FlexShares Global Upstream Natural Resources Index Fund by 4.4% during the third quarter. West Michigan Advisors LLC now owns 88,920 shares of the company’s stock worth $3,596,000 after acquiring an additional 3,723 shares in the last quarter. Versant Capital Management Inc lifted its holdings in shares of FlexShares Global Upstream Natural Resources Index Fund by 1.5% in the 4th quarter. Versant Capital Management Inc now owns 473,983 shares of the company’s stock worth $19,410,000 after acquiring an additional 7,061 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of FlexShares Global Upstream Natural Resources Index Fund by 16.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 35,597 shares of the company’s stock valued at $1,440,000 after purchasing an additional 4,902 shares in the last quarter. Finally, Dorsey & Whitney Trust CO LLC boosted its stake in shares of FlexShares Global Upstream Natural Resources Index Fund by 16.4% in the 3rd quarter. Dorsey & Whitney Trust CO LLC now owns 11,638 shares of the company’s stock valued at $471,000 after purchasing an additional 1,638 shares in 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.