FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Sees Strong Trading Volume – Time to Buy?

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) saw an uptick in trading volume on Wednesday . 289,603 shares changed hands 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 Performance

The company has a 50-day moving average of $56.35 and a 200-day moving average of $56.86. The stock has a market capitalization of $2.27 billion, a price-to-earnings ratio of 20.96 and a beta of 0.64.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in NFRA. Massmutual Trust Co. FSB ADV acquired a new position in FlexShares STOXX Global Broad Infrastructure Index Fund in the third quarter valued at $38,000. First PREMIER Bank purchased a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund in the 3rd quarter valued at about $218,000. Grove Bank & Trust increased its stake in shares of 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 valued at $275,000 after acquiring an additional 4,307 shares during the last quarter. Park National Corp OH increased its stake 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 acquiring an additional 6,021 shares during the last quarter. Finally, Flow Traders U.S. LLC lifted 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 worth $2,983,000 after acquiring an additional 36,732 shares during the period.

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.