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

Shares of FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) saw strong trading volume on Tuesday . 558,764 shares changed hands during trading, an increase of 301% from the previous session’s volume of 139,320 shares.The stock last traded at $55.55 and had previously closed at $55.87.

FlexShares STOXX Global Broad Infrastructure Index Fund Trading Up 0.6 %

The firm has a market capitalization of $2.33 billion, a price-to-earnings ratio of 20.96 and a beta of 0.64. The stock’s 50-day moving average is $55.85 and its 200-day moving average is $56.94.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. 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 buying an additional 6,021 shares during the last quarter. Massmutual Trust Co. FSB ADV bought a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund in the third quarter worth $38,000. First PREMIER Bank acquired a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund in the third quarter valued at $218,000. Grove Bank & Trust raised its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 1,376.0% during the 3rd quarter. Grove Bank & Trust now owns 4,620 shares of the company’s stock worth $275,000 after purchasing an additional 4,307 shares during the last quarter. Finally, Flow Traders U.S. LLC lifted its holdings in 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 buying an additional 36,732 shares during the period.

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.