FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Sets New 1-Year High – Here’s What Happened

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $66.71 and last traded at $66.5450, with a volume of 8346 shares trading hands. The stock had previously closed at $66.45.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Performance

The firm has a market cap of $3.15 billion, a P/E ratio of 18.12 and a beta of 0.75. The firm’s fifty day moving average is $61.78 and its 200 day moving average is $62.36.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of NFRA. Steph & Co. lifted its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 0.3% in the 4th quarter. Steph & Co. now owns 58,710 shares of the company’s stock valued at $3,553,000 after purchasing an additional 199 shares during the period. Transcend Capital Advisors LLC increased its holdings in FlexShares STOXX Global Broad Infrastructure Index Fund by 8.0% in the fourth quarter. Transcend Capital Advisors LLC now owns 14,896 shares of the company’s stock worth $901,000 after purchasing an additional 1,102 shares in the last quarter. Park National Corp OH lifted its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 6.4% in the fourth quarter. Park National Corp OH now owns 71,391 shares of the company’s stock valued at $4,320,000 after buying an additional 4,288 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of 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 worth $53,000 after buying an additional 769 shares in the last quarter. Finally, Douglass Winthrop Advisors LLC acquired a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund during the 3rd quarter worth approximately $316,000.

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.