FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Hits New 12-Month High – Here’s What Happened

FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $46.11 and last traded at $46.1050, with a volume of 175885 shares. The stock had previously closed at $45.93.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Price Performance

The firm has a market capitalization of $5.60 billion, a price-to-earnings ratio of 16.05 and a beta of 0.72. The stock has a fifty day moving average of $44.28 and a two-hundred day moving average of $42.69.

Institutional Investors Weigh In On FlexShares Morningstar Global Upstream Natural Resources Index Fund

Several large investors have recently modified their holdings of GUNR. ST Germain D J Co. Inc. increased its holdings in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 61.3% during the third quarter. ST Germain D J Co. Inc. now owns 605 shares of the company’s stock valued at $26,000 after acquiring an additional 230 shares in the last quarter. Carter Financial Group INC. bought a new stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund during the 2nd quarter valued at $200,000. Hollencrest Capital Management increased its stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 28.7% during the 2nd quarter. Hollencrest Capital Management now owns 5,273 shares of the company’s stock valued at $212,000 after purchasing an additional 1,176 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 15.3% in the third quarter. Jones Financial Companies Lllp now owns 5,686 shares of the company’s stock valued at $249,000 after buying an additional 754 shares in the last quarter. Finally, Waterloo Capital L.P. grew its holdings in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 8.2% during the second quarter. Waterloo Capital L.P. now owns 6,700 shares of the company’s stock valued at $269,000 after buying an additional 506 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.