FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Sees Large Volume Increase – Time to Buy?

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) shares saw strong trading volume on Wednesday . 289,603 shares traded hands during trading, an increase of 265% from the previous session’s volume of 79,280 shares.The stock last traded at $54.35 and had previously closed at $53.76.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Performance

The stock has a market capitalization of $2.27 billion, a PE ratio of 20.96 and a beta of 0.64. The business’s 50-day moving average is $56.35 and its two-hundred day moving average is $56.86.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Massmutual Trust Co. FSB ADV purchased a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund during the 3rd quarter worth approximately $38,000. First PREMIER Bank purchased a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund during the third quarter worth $218,000. Grove Bank & Trust increased its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 1,376.0% in the third quarter. Grove Bank & Trust now owns 4,620 shares of the company’s stock valued at $275,000 after buying an additional 4,307 shares in the last quarter. Park National Corp OH raised its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 28.5% during the 3rd quarter. Park National Corp OH now owns 27,131 shares of the company’s stock worth $1,612,000 after buying an additional 6,021 shares during the last quarter. Finally, Flow Traders U.S. LLC boosted its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 272.8% in the 3rd quarter. Flow Traders U.S. LLC now owns 50,199 shares of the company’s stock worth $2,983,000 after buying an additional 36,732 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.