FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Reaches New 1-Year High – Here’s Why

FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNRGet Free Report)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $57.72 and last traded at $57.6870, with a volume of 83997 shares changing hands. The stock had previously closed at $56.78.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Trading Up 1.6%

The company’s 50 day moving average is $53.04 and its 200-day moving average is $53.61. The company has a market capitalization of $7.97 billion, a P/E ratio of 16.05 and a beta of 0.56.

Institutional Trading of FlexShares Morningstar Global Upstream Natural Resources Index Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Align Financial LLC purchased a new position in FlexShares Morningstar Global Upstream Natural Resources Index Fund in the fourth quarter worth about $8,541,000. Versant Capital Management Inc grew its holdings in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 5.1% during the 2nd quarter. Versant Capital Management Inc now owns 883,841 shares of the company’s stock valued at $43,556,000 after buying an additional 43,198 shares in the last quarter. Valeo Financial Advisors LLC purchased a new position in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund during the second quarter valued at about $2,012,000. Park National Corp OH raised its stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 108.8% during the first quarter. Park National Corp OH now owns 66,535 shares of the company’s stock valued at $3,670,000 after purchasing an additional 34,662 shares in the last quarter. Finally, Fiduciary Alliance LLC purchased a new stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund during the first quarter valued at approximately $1,666,000.

About FlexShares Morningstar 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. GUNR was launched on Sep 16, 2011 and is managed by FlexShares.

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