FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Shares Down 0.5%

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRAGet Free Report) shares traded down 0.5% during mid-day trading on Monday . The stock traded as low as $54.23 and last traded at $54.39. 45,476 shares traded hands during mid-day trading, a decline of 40% from the average session volume of 76,413 shares. The stock had previously closed at $54.64.

FlexShares STOXX Global Broad Infrastructure Index Fund Price Performance

The firm has a market cap of $2.27 billion, a PE ratio of 20.96 and a beta of 0.64. The company has a 50 day simple moving average of $53.52 and a 200-day simple moving average of $53.19.

Institutional Trading of FlexShares STOXX Global Broad Infrastructure Index Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Steph & Co. boosted its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 5.7% during the first quarter. Steph & Co. now owns 61,450 shares of the company’s stock valued at $3,354,000 after purchasing an additional 3,335 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 269.5% during 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 in the last quarter. Park National Corp OH raised its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 4.9% during the first quarter. Park National Corp OH now owns 21,143 shares of the company’s stock valued at $1,154,000 after acquiring an additional 992 shares in the last quarter. UMB Bank n.a. raised its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 16.4% during the first quarter. UMB Bank n.a. now owns 16,675 shares of the company’s stock valued at $910,000 after acquiring an additional 2,345 shares in the last quarter. Finally, Studio Investment Management LLC raised its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 49.7% during the fourth quarter. Studio Investment Management LLC now owns 14,904 shares of the company’s stock valued at $797,000 after acquiring an additional 4,945 shares in the last quarter.

FlexShares STOXX Global Broad Infrastructure Index Fund Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for FlexShares STOXX Global Broad Infrastructure Index Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FlexShares STOXX Global Broad Infrastructure Index Fund and related companies with MarketBeat.com's FREE daily email newsletter.