FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Reaches New 52-Week Low at $33.75

FlexShares Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) reached a new 52-week low on Wednesday . The company traded as low as $33.75 and last traded at $33.75, with a volume of 230 shares changing hands. The stock had previously closed at $41.75.

FlexShares Global Upstream Natural Resources Index Fund Stock Performance

The business has a 50 day moving average price of $39.95 and a two-hundred day moving average price of $40.85. The company has a market cap of $6.64 billion, a P/E ratio of 7.47 and a beta of 0.79.

Institutional Trading of FlexShares Global Upstream Natural Resources Index Fund

Institutional investors have recently made changes to their positions in the stock. First Horizon Advisors Inc. increased its stake in shares of FlexShares Global Upstream Natural Resources Index Fund by 30.7% in the second quarter. First Horizon Advisors Inc. now owns 1,307 shares of the company’s stock worth $52,000 after buying an additional 307 shares during the period. American National Bank increased its position in shares of FlexShares Global Upstream Natural Resources Index Fund by 75.4% in the first quarter. American National Bank now owns 1,261 shares of the company’s stock valued at $52,000 after acquiring an additional 542 shares during the period. Northwest Bank & Trust Co purchased a new position in shares of FlexShares Global Upstream Natural Resources Index Fund in the fourth quarter valued at about $41,000. Opus Capital Group LLC raised its stake in shares of FlexShares Global Upstream Natural Resources Index Fund by 9.6% during the first quarter. Opus Capital Group LLC now owns 13,629 shares of the company’s stock valued at $560,000 after acquiring an additional 1,196 shares during the last quarter. Finally, White Pine Investment CO boosted its holdings in shares of FlexShares Global Upstream Natural Resources Index Fund by 3.5% during the second quarter. White Pine Investment CO now owns 36,030 shares of the company’s stock worth $1,446,000 after purchasing an additional 1,216 shares during the period.

FlexShares 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.