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

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) saw unusually-strong trading volume on Thursday . Approximately 252,552 shares changed hands during trading, an increase of 171% from the previous session’s volume of 93,067 shares.The stock last traded at $60.41 and had previously closed at $60.31.

FlexShares STOXX Global Broad Infrastructure Index Fund Trading Down 0.1%

The firm has a market cap of $2.93 billion, a P/E ratio of 18.12 and a beta of 0.75. The stock’s fifty day moving average is $61.71 and its two-hundred day moving average is $62.14.

Hedge Funds Weigh In On FlexShares STOXX Global Broad Infrastructure Index Fund

Large investors have recently modified their holdings of the company. CoreCap Advisors LLC lifted its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 10.8% in the third quarter. CoreCap Advisors LLC now owns 1,716 shares of the company’s stock worth $108,000 after purchasing an additional 167 shares during the last quarter. Steph & Co. increased its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 0.7% in the second quarter. Steph & Co. now owns 58,713 shares of the company’s stock worth $3,633,000 after buying an additional 411 shares during the period. Perkins Coie Trust Co bought a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the 3rd quarter valued at about $32,000. JPMorgan Chase & Co. boosted its holdings 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 acquiring an additional 769 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund during the 2nd quarter valued at about $107,000.

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.