FlexShares Global Quality Real Estate Index Fund (NYSEARCA:GQRE – Get Free Report) saw a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 6,350 shares, a decrease of 55.9% from the August 31st total of 14,410 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 82,921 shares, the short-interest ratio is currently 0.1 days.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of GQRE. Envestnet Asset Management Inc. increased its stake in FlexShares Global Quality Real Estate Index Fund by 103.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 67,928 shares of the company’s stock worth $4,347,000 after buying an additional 34,578 shares during the period. Valeo Financial Advisors LLC purchased a new stake in FlexShares Global Quality Real Estate Index Fund during the 2nd quarter worth about $1,566,000. Corient Private Wealth LLC purchased a new stake in shares of FlexShares Global Quality Real Estate Index Fund during the fourth quarter worth approximately $1,064,000. ESL Trust Services LLC raised its holdings in shares of FlexShares Global Quality Real Estate Index Fund by 2.8% in the 4th quarter. ESL Trust Services LLC now owns 609,395 shares of the company’s stock valued at $35,869,000 after purchasing an additional 16,404 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC grew its stake in shares of FlexShares Global Quality Real Estate Index Fund by 7.9% during the second quarter. Dynamic Advisor Solutions LLC now owns 169,600 shares of the company’s stock worth $10,854,000 after purchasing an additional 12,383 shares in the last quarter.
FlexShares Global Quality Real Estate Index Fund Stock Down 0.2%
Shares of NYSEARCA GQRE traded down $0.14 during midday trading on Monday, hitting $60.04. The stock had a trading volume of 17,766 shares, compared to its average volume of 18,982. FlexShares Global Quality Real Estate Index Fund has a 1 year low of $58.11 and a 1 year high of $67.49. The stock has a 50 day simple moving average of $63.77 and a 200-day simple moving average of $63.50. The company has a market capitalization of $441.29 million, a PE ratio of 21.15 and a beta of 0.90.
About FlexShares Global Quality Real Estate Index Fund
The FlexShares Global Quality Real Estate Index Fund (GQRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a global index of non-mortgage REITs and operating companies, selected and weighted by quality, momentum and value. GQRE was launched on Nov 6, 2013 and is managed by FlexShares.
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