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

FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) shares saw strong trading volume on Monday . 736,783 shares traded hands during mid-day 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 of $37.93 and a two-hundred day moving average of $39.40. The company has a market capitalization of $5.98 billion, a PE ratio of 7.47 and a beta of 0.79.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Massmutual Trust Co. FSB ADV purchased a new stake in shares of FlexShares Global Upstream Natural Resources Index Fund in the 3rd quarter valued at approximately $34,000. BNP Paribas Financial Markets raised its position in FlexShares Global Upstream Natural Resources Index Fund by 54,700.0% in the third quarter. BNP Paribas Financial Markets now owns 1,096 shares of the company’s stock valued at $45,000 after purchasing an additional 1,094 shares during the period. Quent Capital LLC lifted its stake in FlexShares Global Upstream Natural Resources Index Fund by 182.5% during the third quarter. Quent Capital LLC now owns 1,243 shares of the company’s stock worth $51,000 after purchasing an additional 803 shares in the last quarter. Avior Wealth Management LLC lifted its stake in FlexShares Global Upstream Natural Resources Index Fund by 977.8% during the fourth quarter. Avior Wealth Management LLC now owns 1,552 shares of the company’s stock worth $56,000 after purchasing an additional 1,408 shares in the last quarter. Finally, OLD Second National Bank of Aurora acquired a new stake in shares of FlexShares Global Upstream Natural Resources Index Fund in the fourth quarter valued at $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.