FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Hits New 52-Week High at $60.00

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA)’s share price reached a new 52-week high on Tuesday . The company traded as high as $60.00 and last traded at $60.00, with a volume of 100 shares trading hands. The stock had previously closed at $59.95.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Performance

The company has a market cap of $2.47 billion, a PE ratio of 20.96 and a beta of 0.64. The company’s 50 day moving average price is $56.64 and its 200-day moving average price is $54.69.

Institutional Trading of FlexShares STOXX Global Broad Infrastructure Index Fund

Large investors have recently bought and sold shares of the company. Studio Investment Management LLC lifted its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 15.2% during the 2nd quarter. Studio Investment Management LLC now owns 20,191 shares of the company’s stock valued at $1,074,000 after buying an additional 2,667 shares during the last quarter. Whittier Trust Co. purchased a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund during the second quarter valued at about $120,000. Bessemer Group Inc. lifted its holdings in FlexShares STOXX Global Broad Infrastructure Index Fund by 318.4% during the first quarter. Bessemer Group Inc. now owns 8,836 shares of the company’s stock valued at $482,000 after purchasing an additional 6,724 shares during the last quarter. Steph & Co. boosted its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 5.7% during 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 during the period. Finally, Park National Corp OH increased 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.