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

Shares of FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) saw unusually-high trading volume on Tuesday . Approximately 558,764 shares changed hands during mid-day trading, an increase of 301% from the previous session’s volume of 139,320 shares.The stock last traded at $55.55 and had previously closed at $55.87.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Performance

The stock has a market cap of $2.33 billion, a price-to-earnings ratio of 20.96 and a beta of 0.64. The business has a 50-day simple moving average of $55.85 and a two-hundred day simple moving average of $56.94.

Institutional Investors Weigh In On FlexShares STOXX Global Broad Infrastructure Index Fund

Several large investors have recently made changes to their positions in the stock. Wilmington Savings Fund Society FSB bought a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund in the fourth quarter valued at approximately $26,000. Massmutual Trust Co. FSB ADV acquired a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund during the 3rd quarter valued at $38,000. Avior Wealth Management LLC bought a new position in FlexShares STOXX Global Broad Infrastructure Index Fund during the fourth quarter worth $66,000. Missouri Trust & Investment Co increased its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 4.4% in the fourth quarter. Missouri Trust & Investment Co now owns 44,368 shares of the company’s stock valued at $2,406,000 after purchasing an additional 1,883 shares during the last quarter. Finally, First PREMIER Bank acquired a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund during the 3rd quarter worth about $218,000.

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.