FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Shares Up 0.4% – Here’s What Happened

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA)’s stock price traded up 0.4% during mid-day trading on Monday . The stock traded as high as $62.99 and last traded at $62.83. 55,796 shares were traded during mid-day trading, a decline of 55% from the average session volume of 123,925 shares. The stock had previously closed at $62.56.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Up 0.4%

The company has a market capitalization of $3.00 billion, a PE ratio of 18.12 and a beta of 0.75. The firm’s 50-day moving average is $62.77 and its 200-day moving average is $62.21.

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

Several institutional investors and hedge funds have recently made changes to their positions in NFRA. Flow Traders U.S. LLC purchased a new position in FlexShares STOXX Global Broad Infrastructure Index Fund in the 1st quarter worth $4,794,000. Park National Corp OH grew its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 55.4% during the third quarter. Park National Corp OH now owns 67,103 shares of the company’s stock valued at $4,222,000 after buying an additional 23,917 shares during the last quarter. Bessemer Group Inc. increased its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 1,147.1% in the third quarter. Bessemer Group Inc. now owns 25,778 shares of the company’s stock worth $1,622,000 after buying an additional 23,711 shares during the period. Transcend Capital Advisors LLC bought a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the 3rd quarter valued at about $868,000. Finally, Whittier Trust Co. bought a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the 2nd quarter valued at about $589,000.

About FlexShares STOXX Global Broad Infrastructure Index Fund

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.