FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR – Get Free Report)’s share price reached a new 52-week high on Tuesday . The company traded as high as $57.72 and last traded at $57.6870, with a volume of 83997 shares trading hands. The stock had previously closed at $56.78.
FlexShares Morningstar Global Upstream Natural Resources Index Fund Stock Performance
The stock has a 50 day moving average of $53.04 and a 200-day moving average of $53.61. The firm has a market capitalization of $7.97 billion, a P/E ratio of 16.05 and a beta of 0.56.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in GUNR. Trust Co. of Vermont bought a new stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund during the 2nd quarter worth approximately $65,000. Valeo Financial Advisors LLC purchased a new stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund in the second quarter worth approximately $2,012,000. CoreCap Advisors LLC grew its stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 1.7% during the second quarter. CoreCap Advisors LLC now owns 177,387 shares of the company’s stock valued at $8,742,000 after buying an additional 2,921 shares during the last quarter. Versant Capital Management Inc increased its stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 5.1% in the second quarter. Versant Capital Management Inc now owns 883,841 shares of the company’s stock worth $43,556,000 after buying an additional 43,198 shares during the period. Finally, Farmers National Bank raised its position in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 0.7% during the 1st quarter. Farmers National Bank now owns 280,230 shares of the company’s stock valued at $15,457,000 after purchasing an additional 1,865 shares during 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. GUNR was launched on Sep 16, 2011 and is managed by FlexShares.
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