FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Sees Unusually-High Trading Volume – What’s Next?

Shares of FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) saw strong trading volume on Tuesday . 110,660 shares traded hands during trading, an increase of 47% from the previous session’s volume of 75,426 shares.The stock last traded at $57.50 and had previously closed at $58.02.

FlexShares STOXX Global Broad Infrastructure Index Fund Trading Down 0.3 %

The stock’s 50-day moving average is $58.64 and its two-hundred day moving average is $56.10. The company has a market capitalization of $2.39 billion, a PE ratio of 20.96 and a beta of 0.64.

Institutional Trading of FlexShares STOXX Global Broad Infrastructure Index Fund

Several institutional investors and hedge funds have recently made changes to their positions in NFRA. Bessemer Group Inc. increased its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 318.4% during the first quarter. Bessemer Group Inc. now owns 8,836 shares of the company’s stock worth $482,000 after acquiring an additional 6,724 shares during the period. Whittier Trust Co. purchased a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the 2nd quarter worth $120,000. Studio Investment Management LLC grew its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 15.2% during the 2nd quarter. Studio Investment Management LLC now owns 20,191 shares of the company’s stock worth $1,074,000 after buying an additional 2,667 shares in the last quarter. Park National Corp OH raised its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 28.5% in the third 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 in the last quarter. Finally, Massmutual Trust Co. FSB ADV purchased a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund in the third quarter worth about $38,000.

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.