FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA – Get Free Report) shares traded up 0.5% during mid-day trading on Thursday . The company traded as high as $58.07 and last traded at $57.97. 55,452 shares changed hands during trading, a decline of 27% from the average session volume of 75,622 shares. The stock had previously closed at $57.69.
FlexShares STOXX Global Broad Infrastructure Index Fund Price Performance
The company has a fifty day moving average price of $58.65 and a 200 day moving average price of $55.93. The company has a market cap of $2.42 billion, a PE ratio of 20.96 and a beta of 0.64.
Hedge Funds Weigh In On FlexShares STOXX Global Broad Infrastructure Index Fund
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Grove Bank & Trust raised its position 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 buying an additional 4,307 shares in the last quarter. First PREMIER Bank purchased a new position in FlexShares STOXX Global Broad Infrastructure Index Fund in the third quarter worth $218,000. Massmutual Trust Co. FSB ADV bought a new position in FlexShares STOXX Global Broad Infrastructure Index Fund in the third quarter valued at $38,000. Park National Corp OH raised its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 28.5% during the third quarter. Park National Corp OH now owns 27,131 shares of the company’s stock valued at $1,612,000 after purchasing an additional 6,021 shares in the last quarter. Finally, Studio Investment Management LLC lifted its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 15.2% during the second quarter. Studio Investment Management LLC now owns 20,191 shares of the company’s stock worth $1,074,000 after purchasing an additional 2,667 shares during 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.
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