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

Shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) reached a new 52-week high on Friday . The company traded as high as $56.83 and last traded at $56.83, with a volume of 84143 shares changing hands. The stock had previously closed at $55.97.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Stock Up 1.4%

The stock has a market capitalization of $7.84 billion, a P/E ratio of 16.05 and a beta of 0.55. The company has a 50-day moving average price of $51.62 and a two-hundred day moving average price of $53.25.

Institutional Trading of FlexShares Morningstar Global Upstream Natural Resources Index Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Essential Partners LLC purchased a new stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund in the 1st quarter worth approximately $61,000. Trust Co. of Vermont purchased a new position in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund during the 2nd quarter valued at $65,000. Vestor Capital LLC grew its position in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 7.6% during the 1st quarter. Vestor Capital LLC now owns 2,811 shares of the company’s stock valued at $155,000 after purchasing an additional 199 shares in the last quarter. Advisors Preferred LLC bought a new position in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund in the first quarter worth $184,000. Finally, Carter Financial Group INC. increased its holdings in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 4.2% in the first quarter. Carter Financial Group INC. now owns 5,066 shares of the company’s stock worth $279,000 after purchasing an additional 203 shares during the period.

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.