Shares of FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA – Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 379,617 shares were traded during trading, an increase of 385% from the previous session’s volume of 78,229 shares.The stock last traded at $66.4810 and had previously closed at $65.73.
FlexShares STOXX Global Broad Infrastructure Index Fund Stock Performance
The company has a fifty day moving average of $65.43 and a two-hundred day moving average of $65.28. The company has a market cap of $3.05 billion, a PE ratio of 18.12 and a beta of 0.67.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of NFRA. Bessemer Group Inc. lifted its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 56.6% in the 1st quarter. Bessemer Group Inc. now owns 46,432 shares of the company’s stock worth $2,970,000 after acquiring an additional 16,775 shares during the last quarter. Steph & Co. raised its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 8.5% in the 1st quarter. Steph & Co. now owns 63,688 shares of the company’s stock worth $4,073,000 after purchasing an additional 4,978 shares during the period. Rossby Financial LCC purchased a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund in the 4th quarter worth about $714,000. Dorsey & Whitney Trust CO LLC lifted its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 10.0% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 36,227 shares of the company’s stock worth $2,192,000 after purchasing an additional 3,294 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund in the third quarter worth about $426,000.
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.
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