Shares of FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA – Get Free Report) crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $64.74 and traded as high as $65.71. FlexShares STOXX Global Broad Infrastructure Index Fund shares last traded at $65.67, with a volume of 46,065 shares.
FlexShares STOXX Global Broad Infrastructure Index Fund Stock Down 0.9%
The company has a market cap of $3.03 billion, a P/E ratio of 17.48 and a beta of 0.67. The company has a 50 day moving average price of $64.11 and a 200-day moving average price of $64.78.
Institutional Investors Weigh In On FlexShares STOXX Global Broad Infrastructure Index Fund
Several hedge funds and other institutional investors have recently made changes to their positions in the business. BOKF NA bought a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the third quarter valued at approximately $122,000. NBT Bank N.A. acquired a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the third quarter worth $6,603,000. Valeo Financial Advisors LLC bought a new position in FlexShares STOXX Global Broad Infrastructure Index Fund during the third quarter worth $392,000. Steph & Co. increased its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 4.0% during the third quarter. Steph & Co. now owns 68,808 shares of the company’s stock worth $4,292,000 after acquiring an additional 2,670 shares during the period. Finally, Park National Corp OH bought a new position in FlexShares STOXX Global Broad Infrastructure Index Fund during the third quarter worth $3,078,000.
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.
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