FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Trading Up 0.8% – What’s Next?

FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) shares shot up 0.8% on Monday . The company traded as high as $40.06 and last traded at $39.93. 231,743 shares changed hands during mid-day trading, a decline of 66% from the average session volume of 686,791 shares. The stock had previously closed at $39.61.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Stock Up 0.8%

The firm has a market capitalization of $4.76 billion, a PE ratio of 15.93 and a beta of 0.75. The business’s 50-day moving average price is $37.94 and its 200-day moving average price is $38.06.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. NBT Bank N A NY increased its position in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 2.2% in the 4th quarter. NBT Bank N A NY now owns 1,167,652 shares of the company’s stock worth $42,456,000 after purchasing an additional 24,699 shares during the last quarter. Connable Office Inc. grew its stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 7.9% in the 1st quarter. Connable Office Inc. now owns 962,601 shares of the company’s stock valued at $37,359,000 after buying an additional 70,451 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 10.7% in the fourth quarter. Ameriprise Financial Inc. now owns 699,561 shares of the company’s stock worth $25,436,000 after buying an additional 67,605 shares during the last quarter. OLD Mission Capital LLC acquired a new position in FlexShares Morningstar Global Upstream Natural Resources Index Fund in the fourth quarter worth approximately $21,116,000. Finally, Versant Capital Management Inc raised its position in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 6.4% during the first quarter. Versant Capital Management Inc now owns 565,218 shares of the company’s stock valued at $21,936,000 after acquiring an additional 34,165 shares in the last quarter.

About FlexShares Morningstar 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.