FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Trading 0.3% Higher

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA)’s share price rose 0.3% during trading on Thursday . The stock traded as high as $51.81 and last traded at $51.70. Approximately 78,517 shares changed hands during mid-day trading, a decline of 10% from the average daily volume of 87,402 shares. The stock had previously closed at $51.53.

FlexShares STOXX Global Broad Infrastructure Index Fund Trading Up 0.9 %

The stock has a market cap of $2.19 billion, a price-to-earnings ratio of 20.31 and a beta of 0.74. The firm has a fifty day simple moving average of $53.48 and a 200 day simple moving average of $51.95.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Steph & Co. increased its holdings in FlexShares STOXX Global Broad Infrastructure Index Fund by 13,508.8% in the 3rd quarter. Steph & Co. now owns 38,785 shares of the company’s stock valued at $1,878,000 after buying an additional 38,500 shares during the period. Flow Traders U.S. LLC acquired a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund during the 4th quarter valued at about $1,662,000. NBT Bank N A NY boosted its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 17.8% during the 3rd quarter. NBT Bank N A NY now owns 171,957 shares of the company’s stock valued at $7,853,000 after acquiring an additional 25,950 shares in the last quarter. Bank of New York Mellon Corp increased its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 269.5% in the third quarter. Bank of New York Mellon Corp now owns 27,444 shares of the company’s stock valued at $1,329,000 after acquiring an additional 20,017 shares during the period. Finally, Comerica Bank raised its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 490.7% in the fourth quarter. Comerica Bank now owns 13,096 shares of the company’s stock worth $701,000 after purchasing an additional 10,879 shares in the last quarter.

FlexShares STOXX Global Broad Infrastructure Index Fund Company Profile

The FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) is an exchange-traded fund that is based on the STOXX Global Broad Infrastructure index, a market-cap-weighted index of global infrastructure companies from developed and emerging markets. NFRA was launched on Oct 8, 2013 and is managed by FlexShares.