FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Trading 0.7% Higher – Here’s What Happened

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) shares were up 0.7% on Thursday . The company traded as high as $62.46 and last traded at $62.46. Approximately 84,432 shares were traded during trading, a decline of 42% from the average daily volume of 146,374 shares. The stock had previously closed at $62.02.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Up 0.7%

The firm has a market capitalization of $2.86 billion, a price-to-earnings ratio of 18.12 and a beta of 0.74. The stock’s fifty day moving average is $61.88 and its two-hundred day moving average is $59.76.

Hedge Funds Weigh In On FlexShares STOXX Global Broad Infrastructure Index Fund

Institutional investors have recently added to or reduced their stakes in the company. CX Institutional increased its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 465.2% during the first quarter. CX Institutional now owns 340,883 shares of the company’s stock worth $19,648,000 after buying an additional 280,570 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the first quarter valued at approximately $4,794,000. Park National Corp OH boosted its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 46.3% during the 2nd quarter. Park National Corp OH now owns 43,186 shares of the company’s stock worth $2,672,000 after acquiring an additional 13,667 shares during the period. Whittier Trust Co. acquired a new position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund during the 2nd quarter worth approximately $589,000. Finally, NBT Bank N A NY increased its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 6.4% during the 1st quarter. NBT Bank N A NY now owns 123,960 shares of the company’s stock worth $7,145,000 after acquiring an additional 7,494 shares during 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.