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

FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) shares saw unusually-strong trading volume on Monday . 736,783 shares were traded during trading, an increase of 25% from the previous session’s volume of 589,427 shares.The stock last traded at $38.06 and had previously closed at $38.23.

FlexShares Global Upstream Natural Resources Index Fund Stock Down 0.8 %

The firm has a 50-day moving average price of $37.93 and a two-hundred day moving average price of $39.40. The firm has a market cap of $5.98 billion, a PE ratio of 7.47 and a beta of 0.79.

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

Hedge funds have recently modified their holdings of the business. Massmutual Trust Co. FSB ADV acquired a new position in FlexShares Global Upstream Natural Resources Index Fund during the third quarter worth $34,000. BNP Paribas Financial Markets boosted its position in shares of 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 acquiring an additional 1,094 shares during the last quarter. Quent Capital LLC grew its holdings in shares of FlexShares Global Upstream Natural Resources Index Fund by 182.5% in the third quarter. Quent Capital LLC now owns 1,243 shares of the company’s stock valued at $51,000 after purchasing an additional 803 shares during the period. Avior Wealth Management LLC grew its holdings in shares of FlexShares Global Upstream Natural Resources Index Fund by 977.8% in the fourth 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. Finally, OLD Second National Bank of Aurora acquired a new stake in FlexShares Global Upstream Natural Resources Index Fund during the fourth quarter worth about $163,000.

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.