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

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRAGet Free Report) shares saw strong trading volume on Tuesday . 379,617 shares traded hands during mid-day trading, an increase of 385% from the previous session’s volume of 78,229 shares.The stock last traded at $66.4810 and had previously closed at $65.73.

FlexShares STOXX Global Broad Infrastructure Index Fund Price Performance

The firm has a market capitalization of $3.03 billion, a price-to-earnings ratio of 18.12 and a beta of 0.67. The firm’s 50-day simple moving average is $65.53 and its 200 day simple moving average is $65.28.

Institutional Trading of FlexShares STOXX Global Broad Infrastructure Index Fund

A number of hedge funds have recently made changes to their positions in NFRA. JPMorgan Chase & Co. increased 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 purchasing an additional 769 shares during the period. Jones Financial Companies Lllp grew its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 572.2% in the 1st quarter. Jones Financial Companies Lllp now owns 3,576 shares of the company’s stock valued at $206,000 after buying an additional 3,044 shares during the last quarter. Dorsey & Whitney Trust CO LLC increased its stake 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 buying an additional 3,294 shares during the period. Steph & Co. increased its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 8.5% in the first quarter. Steph & Co. now owns 63,688 shares of the company’s stock valued at $4,073,000 after buying an additional 4,978 shares during the period. Finally, BOKF NA raised its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 379.9% during the third quarter. BOKF NA now owns 7,175 shares of the company’s stock worth $451,000 after acquiring an additional 5,680 shares during the last quarter.

FlexShares STOXX Global Broad Infrastructure Index Fund Company Profile

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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.

Further Reading

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