FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Sees Large Volume Increase – Time to Buy?

Shares of FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNRGet Free Report) saw unusually-high trading volume on Monday . Approximately 736,783 shares traded hands 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 Performance

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

Hedge Funds Weigh In On FlexShares Global Upstream Natural Resources Index Fund

A number of large investors have recently added to or reduced their stakes in GUNR. Massmutual Trust Co. FSB ADV acquired a new position in shares of FlexShares Global Upstream Natural Resources Index Fund during the third quarter worth $34,000. Arkansas Financial Group Inc. boosted its position in shares of FlexShares Global Upstream Natural Resources Index Fund by 2.0% during the 3rd quarter. Arkansas Financial Group Inc. now owns 227,048 shares of the company’s stock worth $9,366,000 after purchasing an additional 4,520 shares in the last quarter. Quent Capital LLC grew its stake in shares of 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 buying an additional 803 shares during the period. Versant Capital Management Inc boosted its holdings in FlexShares Global Upstream Natural Resources Index Fund by 3.9% in the third quarter. Versant Capital Management Inc now owns 511,715 shares of the company’s stock worth $21,108,000 after acquiring an additional 19,067 shares in the last quarter. Finally, First PREMIER Bank acquired a new position in shares of FlexShares Global Upstream Natural Resources Index Fund during the third quarter worth approximately $512,000.

About FlexShares Global Upstream Natural Resources Index Fund

(Get Free Report)

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.

Further Reading

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