FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Trading Down 0%

FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) shares were down 0% during trading on Friday . The stock traded as low as $39.99 and last traded at $40.14. Approximately 573,460 shares were traded during mid-day trading, a decline of 18% from the average daily volume of 703,116 shares. The stock had previously closed at $40.16.

FlexShares Global Upstream Natural Resources Index Fund Trading Down 0.0 %

The company has a market cap of $6.33 billion, a price-to-earnings ratio of 7.47 and a beta of 0.79. The stock has a 50-day simple moving average of $41.60 and a 200-day simple moving average of $40.43.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. First Horizon Advisors Inc. acquired a new stake in shares of FlexShares Global Upstream Natural Resources Index Fund in the fourth quarter valued at $27,000. Northwest Bank & Trust Co purchased a new stake in shares of FlexShares Global Upstream Natural Resources Index Fund during the fourth quarter valued at $41,000. American National Bank increased its stake in FlexShares Global Upstream Natural Resources Index Fund by 75.4% in the 1st quarter. American National Bank now owns 1,261 shares of the company’s stock worth $52,000 after purchasing an additional 542 shares in the last quarter. UMB Bank n.a. increased its stake in FlexShares Global Upstream Natural Resources Index Fund by 54.5% in the 1st quarter. UMB Bank n.a. now owns 4,571 shares of the company’s stock worth $188,000 after purchasing an additional 1,613 shares in the last quarter. Finally, Motco lifted its stake 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 buying 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.