FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Sees Strong Trading Volume – Here’s Why

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) saw strong trading volume on Wednesday . 289,603 shares were traded during trading, an increase of 265% from the previous session’s volume of 79,280 shares.The stock last traded at $54.35 and had previously closed at $53.76.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Up 0.3 %

The company has a 50 day simple moving average of $56.28 and a 200 day simple moving average of $56.84. The company has a market capitalization of $2.29 billion, a price-to-earnings ratio of 20.96 and a beta of 0.64.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Avior Wealth Management LLC acquired a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund in the 4th quarter valued at $66,000. Missouri Trust & Investment Co boosted its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 4.4% in the fourth quarter. Missouri Trust & Investment Co now owns 44,368 shares of the company’s stock worth $2,406,000 after buying an additional 1,883 shares during the period. Grove Bank & Trust grew its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 105.4% in the fourth quarter. Grove Bank & Trust now owns 9,489 shares of the company’s stock valued at $515,000 after buying an additional 4,869 shares in the last quarter. Flow Traders U.S. LLC raised its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 272.8% during the 3rd quarter. Flow Traders U.S. LLC now owns 50,199 shares of the company’s stock valued at $2,983,000 after buying an additional 36,732 shares during the period. Finally, First PREMIER Bank purchased a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund during the 3rd quarter valued at about $218,000.

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.