FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Sees Strong Trading Volume – Here’s What Happened

Shares of FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) saw unusually-high trading volume on Tuesday . Approximately 922,359 shares were traded during trading, an increase of 29% from the previous session’s volume of 717,239 shares.The stock last traded at $36.33 and had previously closed at $36.15.

FlexShares Global Upstream Natural Resources Index Fund Price Performance

The stock’s 50 day simple moving average is $38.74 and its two-hundred day simple moving average is $39.78. The firm has a market cap of $5.74 billion, a P/E ratio of 7.47 and a beta of 0.79.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in GUNR. Studio Investment Management LLC raised its position in shares of 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 valued at $1,116,000 after purchasing an additional 463 shares during the period. L.M. Kohn & Company increased its holdings in FlexShares Global Upstream Natural Resources Index Fund by 3.0% in the 3rd quarter. L.M. Kohn & Company now owns 23,409 shares of the company’s stock valued at $966,000 after acquiring an additional 675 shares during the last quarter. Quent Capital LLC increased its holdings in FlexShares Global Upstream Natural Resources Index Fund by 182.5% in the 3rd quarter. Quent Capital LLC now owns 1,243 shares of the company’s stock valued at $51,000 after acquiring an additional 803 shares during the last quarter. Massmutual Trust Co. FSB ADV bought a new stake in FlexShares Global Upstream Natural Resources Index Fund in the 3rd quarter valued at $34,000. Finally, BNP Paribas Financial Markets increased its holdings in FlexShares Global Upstream Natural Resources Index Fund by 54,700.0% in 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.

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.