FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Shares Gap Down – Should You Sell?

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA)’s share price gapped down prior to trading on Friday . The stock had previously closed at $62.59, but opened at $60.01. FlexShares STOXX Global Broad Infrastructure Index Fund shares last traded at $60.1550, with a volume of 11,102 shares trading hands.

FlexShares STOXX Global Broad Infrastructure Index Fund Trading Down 3.9%

The company has a market cap of $2.88 billion, a price-to-earnings ratio of 18.12 and a beta of 0.75. The firm has a 50-day moving average price of $62.73 and a 200 day moving average price of $62.22.

Institutional Investors Weigh In On FlexShares STOXX Global Broad Infrastructure Index Fund

A number of institutional investors have recently modified their holdings of NFRA. Perkins Coie Trust Co bought a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the 3rd quarter worth approximately $32,000. JPMorgan Chase & Co. raised its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 1,165.2% in the third quarter. JPMorgan Chase & Co. now owns 835 shares of the company’s stock worth $53,000 after acquiring an additional 769 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund during the second quarter valued at approximately $107,000. CoreCap Advisors LLC boosted its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 10.8% during the 3rd quarter. CoreCap Advisors LLC now owns 1,716 shares of the company’s stock worth $108,000 after acquiring an additional 167 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 572.2% in the 1st quarter. Jones Financial Companies Lllp now owns 3,576 shares of the company’s stock valued at $206,000 after purchasing an additional 3,044 shares during the period.

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.