FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Sees Unusually-High Trading Volume

FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) saw an uptick in trading volume on Tuesday . 695,444 shares changed hands during mid-day trading, an increase of 11% from the previous session’s volume of 627,732 shares.The stock last traded at $41.61 and had previously closed at $41.25.

FlexShares Global Upstream Natural Resources Index Fund Stock Up 0.8 %

The company has a 50-day moving average price of $39.95 and a 200 day moving average price of $40.85. The firm has a market cap of $6.56 billion, a price-to-earnings ratio of 7.47 and a beta of 0.79.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Northwest Bank & Trust Co purchased a new position in shares of FlexShares Global Upstream Natural Resources Index Fund during the 4th quarter valued at $41,000. American National Bank lifted its holdings in shares of FlexShares Global Upstream Natural Resources Index Fund by 75.4% during the 1st quarter. American National Bank now owns 1,261 shares of the company’s stock valued at $52,000 after buying an additional 542 shares during the last quarter. First Horizon Advisors Inc. grew its stake in shares of FlexShares Global Upstream Natural Resources Index Fund by 30.7% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,307 shares of the company’s stock valued at $52,000 after buying an additional 307 shares in the last quarter. UMB Bank n.a. increased its holdings in FlexShares Global Upstream Natural Resources Index Fund by 54.5% in the first quarter. UMB Bank n.a. now owns 4,571 shares of the company’s stock worth $188,000 after buying an additional 1,613 shares during the last quarter. Finally, Motco raised its position in FlexShares Global Upstream Natural Resources Index Fund by 195.5% during the first quarter. Motco now owns 6,150 shares of the company’s stock valued at $253,000 after acquiring an additional 4,069 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.