FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Shares Up 0.2% – Still a Buy?

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA)’s share price traded up 0.2% during mid-day trading on Tuesday . The stock traded as high as $54.36 and last traded at $54.22. 72,413 shares changed hands during trading, a decline of 3% from the average session volume of 74,691 shares. The stock had previously closed at $54.13.

FlexShares STOXX Global Broad Infrastructure Index Fund Trading Up 0.3 %

The business has a 50 day moving average price of $57.01 and a 200 day moving average price of $56.78. The company has a market capitalization of $2.27 billion, a P/E ratio of 20.96 and a beta of 0.64.

Institutional Trading of FlexShares STOXX Global Broad Infrastructure Index Fund

A number of large investors have recently made changes to their positions in NFRA. Studio Investment Management LLC grew its stake in 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 acquiring an additional 2,667 shares during the period. Park National Corp OH lifted its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 28.5% during the 3rd quarter. Park National Corp OH now owns 27,131 shares of the company’s stock valued at $1,612,000 after purchasing an additional 6,021 shares in the last quarter. Massmutual Trust Co. FSB ADV acquired a new position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the 3rd quarter valued at approximately $38,000. First PREMIER Bank bought a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund during the 3rd quarter worth approximately $218,000. Finally, Grove Bank & Trust increased its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 1,376.0% during the 3rd quarter. Grove Bank & Trust now owns 4,620 shares of the company’s stock worth $275,000 after purchasing an additional 4,307 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.