FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI – Get Rating)'s stock price dropped 0% during trading on Friday . The company traded as low as $74.81 and last traded at $74.82. Approximately 88,308 shares traded hands during trading, an increase of 67% from the average daily volume of 52,730 shares. The stock had previously closed at $74.84.
FlexShares Ultra-Short Income Fund Trading Down 0.0 %
The stock's fifty day moving average price is $74.62 and its 200 day moving average price is $74.46.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Absolute Capital Management LLC bought a new position in FlexShares Ultra-Short Income Fund during the third quarter valued at approximately $26,000. Money Concepts Capital Corp bought a new position in FlexShares Ultra-Short Income Fund during the fourth quarter valued at approximately $30,000. SeaCrest Wealth Management LLC bought a new position in FlexShares Ultra-Short Income Fund during the second quarter valued at approximately $39,000. North Star Investment Management Corp. bought a new position in FlexShares Ultra-Short Income Fund in the fourth quarter worth approximately $49,000. Finally, IFP Advisors Inc bought a new position in FlexShares Ultra-Short Income Fund in the fourth quarter worth approximately $49,000.
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