FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Sees Strong Trading Volume – Should You Buy?

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) shares saw unusually-high trading volume on Wednesday . Approximately 139,715 shares were traded during mid-day trading, an increase of 58% from the previous session’s volume of 88,706 shares.The stock last traded at $54.23 and had previously closed at $54.55.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Performance

The company has a market capitalization of $2.27 billion, a PE ratio of 20.96 and a beta of 0.64. The stock has a 50 day moving average price of $56.73 and a two-hundred day moving average price of $56.84.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of NFRA. Flow Traders U.S. LLC increased its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 272.8% during the 3rd quarter. Flow Traders U.S. LLC now owns 50,199 shares of the company’s stock worth $2,983,000 after purchasing an additional 36,732 shares during the period. Park National Corp OH raised its holdings in FlexShares STOXX Global Broad Infrastructure Index Fund by 28.5% in the 3rd quarter. Park National Corp OH now owns 27,131 shares of the company’s stock valued at $1,612,000 after acquiring an additional 6,021 shares in the last quarter. Grove Bank & Trust lifted its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 1,376.0% in the 3rd quarter. Grove Bank & Trust now owns 4,620 shares of the company’s stock worth $275,000 after acquiring an additional 4,307 shares during the period. First PREMIER Bank bought a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund in the third quarter valued at about $218,000. Finally, Studio Investment Management LLC lifted its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 15.2% during the second quarter. Studio Investment Management LLC now owns 20,191 shares of the company’s stock worth $1,074,000 after purchasing an additional 2,667 shares during the period.

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.