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-strong trading volume on Wednesday . 863,451 shares were traded during mid-day trading, an increase of 1,010% from the previous session’s volume of 77,760 shares.The stock last traded at $66.4050 and had previously closed at $66.31.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Performance

The firm has a fifty day simple moving average of $65.30 and a 200-day simple moving average of $65.29. The company has a market capitalization of $3.02 billion, a PE ratio of 18.12 and a beta of 0.67.

Institutional Trading of FlexShares STOXX Global Broad Infrastructure Index Fund

A number of hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its holdings in FlexShares STOXX Global Broad Infrastructure Index Fund by 1,165.2% in the third quarter. JPMorgan Chase & Co. now owns 835 shares of the company’s stock valued at $53,000 after acquiring an additional 769 shares in the last quarter. Jones Financial Companies Lllp grew its holdings 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 worth $206,000 after acquiring an additional 3,044 shares in the last quarter. Dorsey & Whitney Trust CO LLC increased its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 10.0% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 36,227 shares of the company’s stock worth $2,192,000 after purchasing an additional 3,294 shares during the last quarter. Steph & Co. raised its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 8.5% in the 1st quarter. Steph & Co. now owns 63,688 shares of the company’s stock valued at $4,073,000 after purchasing an additional 4,978 shares in the last quarter. Finally, BOKF NA raised its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 379.9% in the 3rd quarter. BOKF NA now owns 7,175 shares of the company’s stock valued at $451,000 after purchasing an additional 5,680 shares in the last quarter.

About FlexShares STOXX Global Broad Infrastructure Index Fund

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.