FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Trading 0.3% Higher

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) shares were up 0.3% during trading on Thursday . The company traded as high as $51.81 and last traded at $51.70. Approximately 78,517 shares changed hands during trading, a decline of 10% from the average daily volume of 87,402 shares. The stock had previously closed at $51.53.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Performance

The stock has a market capitalization of $2.17 billion, a P/E ratio of 20.31 and a beta of 0.74. The stock has a 50 day moving average of $53.49 and a 200 day moving average of $51.92.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 5.9% in the second quarter. JPMorgan Chase & Co. now owns 3,849 shares of the company’s stock worth $202,000 after purchasing an additional 214 shares in the last quarter. Hollencrest Capital Management bought a new position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the first quarter worth $101,000. US Bancorp DE grew its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 63.7% in the first quarter. US Bancorp DE now owns 1,388 shares of the company’s stock worth $80,000 after purchasing an additional 540 shares in the last quarter. Steph & Co. grew its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 5.7% in 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 in the last quarter. Finally, Park National Corp OH grew its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 4.9% in the first quarter. Park National Corp OH now owns 21,143 shares of the company’s stock worth $1,154,000 after purchasing an additional 992 shares in the last quarter.

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.