FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Sets New 12-Month High at $58.61

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $58.61 and last traded at $58.56, with a volume of 6572 shares. The stock had previously closed at $58.15.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Down 0.9 %

The stock has a market cap of $2.41 billion, a price-to-earnings ratio of 20.96 and a beta of 0.64. The stock has a 50 day simple moving average of $55.77 and a 200 day simple moving average of $54.37.

Institutional Trading of FlexShares STOXX Global Broad Infrastructure Index Fund

Hedge funds have recently bought and sold shares of the business. Steph & Co. boosted its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 5.7% during the 1st quarter. Steph & Co. now owns 61,450 shares of the company’s stock valued at $3,354,000 after purchasing an additional 3,335 shares during the last quarter. Park National Corp OH raised its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 4.9% in the first quarter. Park National Corp OH now owns 21,143 shares of the company’s stock worth $1,154,000 after purchasing an additional 992 shares during the last quarter. Studio Investment Management LLC lifted its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 15.2% in the second quarter. Studio Investment Management LLC now owns 20,191 shares of the company’s stock valued at $1,074,000 after purchasing an additional 2,667 shares in the last quarter. UMB Bank n.a. boosted its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 16.4% during the first quarter. UMB Bank n.a. now owns 16,675 shares of the company’s stock valued at $910,000 after buying an additional 2,345 shares during the last quarter. Finally, Bessemer Group Inc. grew its holdings in FlexShares STOXX Global Broad Infrastructure Index Fund by 318.4% during the first quarter. Bessemer Group Inc. now owns 8,836 shares of the company’s stock worth $482,000 after buying an additional 6,724 shares in 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.