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

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) saw unusually-high trading volume on Wednesday . Approximately 139,715 shares were traded during mid-day trading, an increase of 58% from the previous session’s volume of 88,706 shares.The stock last traded at $54.23 and had previously closed at $54.55.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Performance

The stock has a market cap of $2.23 billion, a PE ratio of 20.96 and a beta of 0.64. The company’s 50-day moving average price is $56.52 and its 200 day moving average price is $56.81.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Massmutual Trust Co. FSB ADV acquired a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund during the third quarter worth about $38,000. First PREMIER Bank purchased a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund during the 3rd quarter worth approximately $218,000. Grove Bank & Trust lifted its holdings 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 buying an additional 4,307 shares in the last quarter. Park National Corp OH boosted its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 28.5% in the 3rd quarter. Park National Corp OH now owns 27,131 shares of the company’s stock valued at $1,612,000 after buying an additional 6,021 shares during the period. Finally, Flow Traders U.S. LLC grew its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 272.8% in the third quarter. Flow Traders U.S. LLC now owns 50,199 shares of the company’s stock worth $2,983,000 after acquiring an additional 36,732 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.