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

Shares of FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) saw 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 0.6 %

The firm has a 50 day moving average price of $37.98 and a 200 day moving average price of $39.44. The stock has a market capitalization of $5.99 billion, a PE ratio of 7.47 and a beta of 0.79.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. LRI Investments LLC bought a new stake in shares of FlexShares Global Upstream Natural Resources Index Fund during the 3rd quarter worth $727,000. Flow Traders U.S. LLC raised its position in FlexShares Global Upstream Natural Resources Index Fund by 436.1% in the third quarter. Flow Traders U.S. LLC now owns 291,698 shares of the company’s stock worth $12,033,000 after acquiring an additional 237,285 shares during the period. L.M. Kohn & Company boosted its stake in FlexShares Global Upstream Natural Resources Index Fund by 3.0% in the third 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. Studio Investment Management LLC grew 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 acquiring an additional 463 shares during the period. Finally, MAI Capital Management raised its holdings in shares of FlexShares Global Upstream Natural Resources Index Fund by 2.0% in the 3rd quarter. MAI Capital Management now owns 156,785 shares of the company’s stock worth $6,467,000 after purchasing an additional 3,003 shares during the period.

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.