FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Stock Price Up 0.1% – Time to Buy?

FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) were up 0.1% on Monday . The company traded as high as $39.02 and last traded at $38.63. Approximately 368,738 shares changed hands during trading, a decline of 57% from the average daily volume of 865,685 shares. The stock had previously closed at $38.61.

FlexShares Global Upstream Natural Resources Index Fund Trading Up 0.1 %

The firm has a market cap of $6.10 billion, a price-to-earnings ratio of 7.47 and a beta of 0.79. The company has a fifty day moving average price of $37.61 and a 200-day moving average price of $39.17.

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

Several institutional investors have recently made changes to their positions in the company. Missouri Trust & Investment Co grew its position in FlexShares Global Upstream Natural Resources Index Fund by 6.3% during the fourth quarter. Missouri Trust & Investment Co now owns 65,991 shares of the company’s stock valued at $2,399,000 after buying an additional 3,937 shares during the period. Essex Savings Bank acquired a new stake in shares of FlexShares Global Upstream Natural Resources Index Fund during the 4th quarter valued at about $232,000. Versant Capital Management Inc increased its stake in shares of FlexShares Global Upstream Natural Resources Index Fund by 3.8% in the 4th quarter. Versant Capital Management Inc now owns 531,053 shares of the company’s stock valued at $19,309,000 after purchasing an additional 19,338 shares in the last quarter. LRI Investments LLC acquired a new position in FlexShares Global Upstream Natural Resources Index Fund in the 3rd quarter worth about $727,000. Finally, L.M. Kohn & Company grew its holdings 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 purchasing an additional 675 shares during the period.

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.