FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Sets New 52-Week High – Here’s What Happened

Shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) reached a new 52-week high on Monday . The company traded as high as $51.75 and last traded at $51.7550, with a volume of 130837 shares traded. The stock had previously closed at $50.94.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Price Performance

The business’s fifty day simple moving average is $46.45 and its 200 day simple moving average is $44.04. The stock has a market cap of $6.79 billion, a price-to-earnings ratio of 16.05 and a beta of 0.72.

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

Large investors have recently made changes to their positions in the company. ST Germain D J Co. Inc. grew its position in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 61.3% in the 3rd quarter. ST Germain D J Co. Inc. now owns 605 shares of the company’s stock valued at $26,000 after buying an additional 230 shares in the last quarter. Fifth Third Securities Inc. purchased a new position in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund during the fourth quarter valued at $204,000. Carter Financial Group INC. acquired a new position in FlexShares Morningstar Global Upstream Natural Resources Index Fund in the 2nd quarter valued at approximately $200,000. Hollencrest Capital Management increased its position in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 28.7% in the 2nd quarter. Hollencrest Capital Management now owns 5,273 shares of the company’s stock worth $212,000 after purchasing an additional 1,176 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its position in 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 worth $249,000 after acquiring an additional 754 shares in the last quarter.

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