FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Sets New 52-Week High at $58.66

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $58.66 and last traded at $58.66, with a volume of 33667 shares traded. The stock had previously closed at $58.63.

FlexShares STOXX Global Broad Infrastructure Index Fund Trading Up 0.4 %

The firm’s fifty day moving average price is $56.19 and its 200-day moving average price is $54.52. The company has a market cap of $2.48 billion, a P/E ratio of 20.96 and a beta of 0.64.

Institutional Trading of FlexShares STOXX Global Broad Infrastructure Index Fund

Several institutional investors have recently made changes to their positions in NFRA. Steph & Co. lifted its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 5.7% during the first quarter. Steph & Co. now owns 61,450 shares of the company’s stock worth $3,354,000 after purchasing an additional 3,335 shares during the period. Park National Corp OH raised its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 4.9% in the 1st quarter. Park National Corp OH now owns 21,143 shares of the company’s stock worth $1,154,000 after buying an additional 992 shares in the last quarter. Studio Investment Management LLC lifted 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 during the period. UMB Bank n.a. grew its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 16.4% in the first quarter. UMB Bank n.a. now owns 16,675 shares of the company’s stock valued at $910,000 after acquiring an additional 2,345 shares during the period. Finally, Bessemer Group Inc. raised its stake in 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 in the last quarter.

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.