FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Trading Down 0.4% – What’s Next?

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA)’s stock price traded down 0.4% during trading on Thursday . The company traded as low as $65.30 and last traded at $65.42. Approximately 47,186 shares changed hands during trading, a decline of 39% from the average daily volume of 77,788 shares. The stock had previously closed at $65.70.

FlexShares STOXX Global Broad Infrastructure Index Fund Price Performance

The company’s fifty day simple moving average is $65.28 and its 200-day simple moving average is $64.49. The firm has a market capitalization of $3.01 billion, a PE ratio of 18.12 and a beta of 0.67.

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

Several institutional investors have recently added to or reduced their stakes in NFRA. Steph & Co. raised its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 0.3% in the 4th quarter. Steph & Co. now owns 58,710 shares of the company’s stock worth $3,553,000 after acquiring an additional 199 shares during the last quarter. JPMorgan Chase & Co. grew its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 1,165.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 835 shares of the company’s stock valued at $53,000 after purchasing an additional 769 shares during the last quarter. Transcend Capital Advisors LLC grew its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 8.0% during the 4th quarter. Transcend Capital Advisors LLC now owns 14,896 shares of the company’s stock valued at $901,000 after purchasing an additional 1,102 shares during the last quarter. Jones Financial Companies Lllp grew its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 572.2% during the 1st quarter. Jones Financial Companies Lllp now owns 3,576 shares of the company’s stock valued at $206,000 after purchasing an additional 3,044 shares during the last quarter. Finally, Dorsey & Whitney Trust CO LLC increased its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 10.0% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 36,227 shares of the company’s stock valued at $2,192,000 after purchasing an additional 3,294 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.