FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Hits New 1-Year High at $54.59

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $54.59 and last traded at $54.59, with a volume of 47290 shares traded. The stock had previously closed at $54.53.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Up 0.1 %

The firm has a market cap of $2.35 billion, a price-to-earnings ratio of 24.90 and a beta of 0.74. The company has a 50-day moving average price of $53.46 and a 200 day moving average price of $51.59.

Institutional Trading of FlexShares STOXX Global Broad Infrastructure Index Fund

Several hedge funds and other institutional investors have recently modified their holdings of NFRA. JPMorgan Chase & Co. boosted its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 5.9% during the second quarter. JPMorgan Chase & Co. now owns 3,849 shares of the company’s stock valued at $202,000 after purchasing an additional 214 shares during the last quarter. CX Institutional lifted its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 0.7% in the third quarter. CX Institutional now owns 69,743 shares of the company’s stock worth $3,378,000 after buying an additional 466 shares during the last quarter. US Bancorp DE lifted its position 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 buying an additional 540 shares during the last quarter. Hollencrest Capital Management acquired a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the first quarter worth about $101,000. Finally, NBC Securities Inc. acquired a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the third quarter worth about $120,000.

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.